Business case for micro-finance bank
Genesis was approached by a growing Southern African micro-finance institution (MFI) to develop an Africa-wide business case for the transformation of the institution into a micro-finance bank (MFB).
The objective of the project was to provide input for a strategy board pack, which would provide compelling reasons for transforming into an MFB throughout the institution’s African operations.
The project consisted of comprehensive research into various other MFIs across the world that had adopted a similar strategic path in order to assess the pros and cons of such a move. A business case was then developed, which mapped out the strategic process needed to become an MFB, taking into account the MFI's core market and product focus.