MEDA Blog - Stories from the Field

Training MFIs to improve financial access for youth

b2ap3_thumbnail_Caitlin-2.JPGFor the past year our project, YouthInvest, has been working to shift strategies to its second phase - training Micro-Finance Institutions (MFIs), commonly referred to as AMCs (Associations de micro-credit) here in Morocco, to improve their services and products to meet the needs of the sizeable youth market.

In 2012 MEDA signed an agreement to train credit officers and branch managers for one of the larger MFIs - the Fondation Banque Populaire de Micro-Credit (FBPMC) in cooperation with another NGO that is funding the training on improved customer service for youth clients. MEDA Maroc has been training their staff in week long sessions across the country, With the goal being to train the staff from about 50 branches. The evaluations coming out of these sessions show how successful the program is, and the participants' satisfaction with the content and delivery.
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This past weekend, February 8-10, 2013, MEDA Maroc offered a short overview training on the "Financial Solutions for Youth" training suite we will be offering to all Moroccan MFIs. There were nearly 20 participants at this select workshop, representing MFIs large and small, as well as a few individuals interested in the sector. Training for Trainers (TOT), Better Customer Service for Youth Clients, Developing Financial Products for Youth, Risk Management for Youth Clients, and Technical Assistance for Product Development are the components of this new YouthInvest phase. MEDA will also be conducting a study of financial products and services currently available to youth, as well as current youth client satisfaction surveys before commencing the training suite for MFIs. A similar study is being conducted in Egypt, where YouthInvest is also activeb2ap3_thumbnail_Caitlin-1.JPG.

While this phase has taken some time to get off the ground, partnership agreements are being signed with MFIs presently, and the materials and content for the three training topics are being finalized. A good deal of my time at work has been dedicated to supporting this phase in recent months (helping with customer service materials, translating partnership agreements, and taking photos at the FBPMC training in Khouribga in order to use some shots for upcoming publicity.

Included are a few photos from our training on "Financial Solutions for Youth" in Casablanca and the FBPMC training on Improving Customer Service for Youth Clients in Khouribga the last week of January. 

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