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Statement
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More and value-added information targeted and packaged, including education, training and on-the-job learning.
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Explanation
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Capacity building of MFIs refers to both financial and non-financial capacity. Financial capacity building is essential for an MFI to absorb and manage increased funds for loan disbursement, an increased number of loans, clientele base, and savings, etc. Non-financial capacity building primarily focuses on institutional and human resources of an MFI - in terms of networking and partnership for training, skill development, information management systems, etc.
In a very broad sense, capacity building also involves advocacy and networking, where the viability and suitability of microfinance for poverty alleviation is demonstrated, in order to gain better acceptance and involvement from the larger civil society.
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Key Actors
- Microfiannce Networks and Resource Centers
- Research and Training Institutions
- Universities
- NGO and NGO Networks
- Virtual Library on Microcredit
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