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Study of Microfinance Sector Capacity Building in Sierra Leone

Study of Microfinance Sector Capacity Building in Sierra Leone

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Strategic<br />

objective<br />

Outputs/<br />

Indicators<br />

Means <strong>of</strong><br />

Verification<br />

Important<br />

Assumptions<br />

20 <strong>Sierra</strong> <strong>Leone</strong>an<br />

actual and<br />

potential<br />

micr<strong>of</strong><strong>in</strong>ance<br />

consultants and<br />

tra<strong>in</strong>ers identified<br />

and tra<strong>in</strong>ed<br />

1. List &<br />

particulars <strong>of</strong> local<br />

MF consultants<br />

2. SMART-Cap<br />

monitor<strong>in</strong>g reports<br />

3. Term<strong>in</strong>al<br />

evaluation report<br />

4. Interviews with<br />

the consultants.<br />

All managers <strong>of</strong><br />

MFIs, public<br />

<strong>of</strong>ficers who work<br />

on micr<strong>of</strong><strong>in</strong>ance<br />

related functions<br />

and MFI board<br />

members fully<br />

appreciate<br />

micr<strong>of</strong><strong>in</strong>ance<br />

sound practices. 23<br />

1. MFI perf’<br />

reports<br />

2. SMART Cap<br />

monitor<strong>in</strong>g reports<br />

3. Interviews with<br />

MF managers,<br />

directors & public<br />

<strong>of</strong>ficers<br />

Industry cohesion<br />

and collaboration<br />

promoted<br />

SLAMFI secretariat<br />

established with<br />

staff, own <strong>of</strong>fice,<br />

budget & facilities.<br />

SLAMFI takes the<br />

<strong>in</strong>itiative and<br />

leads other MF<br />

stakeholders <strong>in</strong><br />

lobby<strong>in</strong>g,<br />

dissem<strong>in</strong>ates MF<br />

related<br />

<strong>in</strong>formation<br />

regularly<br />

1. Office location<br />

& address<br />

2. SMART-Cap<br />

reports<br />

3. Interview with<br />

SMART-Cap mgt<br />

1. Other F<strong>in</strong>ancial<br />

Services Act<br />

reviewed to suit<br />

mF<br />

2. Lobby memoirs<br />

and m<strong>in</strong>utes<br />

1. Government<br />

and its<br />

development<br />

partners are<br />

will<strong>in</strong>g to fund<br />

SLAMFI<br />

establishment and<br />

operation, without<br />

unduly controll<strong>in</strong>g<br />

its governance<br />

and operations.<br />

SLAMFI conducts<br />

regular, scheduled<br />

micr<strong>of</strong><strong>in</strong>ance<br />

forums.<br />

M<strong>in</strong>utes <strong>of</strong> MF<br />

forum meet<strong>in</strong>gs<br />

Bus<strong>in</strong>ess and<br />

f<strong>in</strong>ancial<br />

awareness <strong>of</strong> the<br />

population<br />

enhanced<br />

Clients/ members<br />

<strong>of</strong> MFIs able to<br />

articulate their<br />

key rights and<br />

responsibilities as<br />

consumers <strong>of</strong><br />

f<strong>in</strong>ancial services<br />

1. Interviews with<br />

people <strong>in</strong><br />

chiefdoms<br />

2. SMART-Cap<br />

monitor<strong>in</strong>g reports<br />

1. Government<br />

takes this<br />

(massive<br />

sensitization <strong>of</strong><br />

the population <strong>of</strong><br />

bus<strong>in</strong>ess aptitude<br />

& responsible<br />

23 Hav<strong>in</strong>g been tra<strong>in</strong>ed or sensitized through programs implemented as part <strong>of</strong> this strategy

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