Risk management
Risk management is a systematic approach to identifying, measuring, monitoring and minimising the risks your institution faces. Until recently, risk management systems within MFIs have tended to focus on financial and operational risks like fraud.
But client vulnerability creates other important risks for MFIs, which can have serious social and financial consequences for your MFI.
In this section, we explain:
- How client vulnerability creates social and financial impacts MFIs
- What factors create reputation risk, and how MFIs can manage them
- How MFIs can strengthen organisational systems to manage social risk