As part of this assignment BFC assisted Kompanion in preparing for savings mobilization from the public following the successful application for a deposit license.
As a result, BFC consultants have:
- Designed 3 new deposit products based on best practices and information collected from demand survey of potential depositors
- Facilitated revision of strategic plan to include deposit taking activities
- Created market strategy to promote deposit products
- Reviewed the current MIS system and assisted the institution identify required changes for introduction of deposit products