KazMicroFinance: Strengthening Institutional Capacities for Microlending

BFC was contracted to assist KazMicroFinance in enhancing its institutional capacities and improve existing internal procedures that will serve as a good platform in perspective for possible transformation of KMF into a commercial bank.
The assignment has included the following:

  • Reviewing existing functions of Risk-Management Department, proposing improvements of department functions and relevant internal procedures
  • Providing training for internal audit division on applying tools of fraud cases prevention and detection
  • Developing fraud policy and whistle-blowing policy
  • Proposing improvements in the current branch performance rating system
  • Proposing improvements for Client Segmentation Model and assisting KMF in its implementation