Microfinance Certification Programme

Class Description

MICROFINANCE CERTIFICATION PROGRAMME SCHEDULED TO BE HELD FROM 10th  TO 21st  JUNE 2024 AT THE BANK OF TANZANIA SUB-HEAD OFFICE, DAR ES SALAAM

A. INTRODUCTION
The Bank of Tanzania Act, 2006 and the Banking and Financial Institutions Act, 2006
mandate the Bank of Tanzania to license, regulate and supervise banks and financial
institutions in Tanzania. As a regulator, the Bank of Tanzania is entrusted with the
responsibility of ensuring a stable, sound, and safe banking sector and financial system at
large.
Hitherto, the Microfinance subsector play an important role in the country by providing
access to funds for low-income earners, encouraging entrepreneurship and self-sufficiency,
empowering women in society, and providing employment.
The objective of microfinance institutions is to provide financial services to help encourage
entrepreneurs in impoverished nations to act on their ideas and obtain the financial tools
available to do so and to eventually become self-sustainable. Additionally, some
microfinance institutions provide financial and business education in order to best position
their clients for starting up a small business or to act efficiently as an entrepreneur.
The Bank of Tanzania Academy has organized a ten (10) days Microfinance Certification
Programmes for new and existing practitioners in microfinance operations, owners of microfinance – Tier II, Board Members, Management Staff, Loan Officers, Compliance Officers in
microfinance Tier II, Accountants, Auditors, ICT personnel, Auctioneers, Consultants and
any interested person with the objective of imparting essential skills and knowledge required
to engage in microfinance activities.

B. OBJECTIVE OF THE PROGRAMME
This programme enables practitioners to acquire skills that enhance professionalism,
business ethics and conduct while engaging in microfinance activities. Furthermore, the
programme aims to equip trainees with a comprehensive understanding of the regulatory
prerequisites associated with the field.
The specific objectives of this programme are to:
(a) Enhance compliance with legal and regulatory requirements,
(b) Enhance market conduct practices in the microfinance sub-sector,
(c) Instill risk management culture in the microfinance sub-sector,
(d) Enhance financial and information system management,
(e) Enhance financial sustainability and social impact,
(f) Enhance responsible finance practices in the microfinance sub-sector.

C. PROGRAMME CONTENTS
The programme comprises eight (8) modules which will be covered in the duration of ten
(10) days on full-time class mode. The modules are as follows;
1. MCP0101: Overview of Microfinance Business and Its Evolution:
After completion of this module, learners will be able to;
• Analyse the history and evolution of Microfinance sector and its development
in Tanzania,
• Describe the categories of microfinance service providers in Tanzania,
• Explain microfinance business models and the role of microfinance in the
financial sector,
• Analyse relevance and features of microfinance service providers in Tanzania,
and
• Identify challenges and limitations of the micro-finance sub-sector.
2. MCP0102: Legal and Regulatory Framework for Microfinance in Tanzania:
After completion of this module, learners will be able to;
• Describe various Legal and Regulatory Microfinance Frameworks applicable in
Tanzania,
• Apply Regulatory Requirements for conducting Microfinance business in
Tanzania, and
• Understand the Supervision of microfinance business in Tanzania by the Bank
of Tanzania.
3. MCP0103: Microfinance Lending Practices:
After completion of this module, learners will be able to;
• Apply Lending Policy in day-to-day microfinance operations as per (The
Microfinance (Non-Deposit Taking Microfinance Services Providers)
regulations 2019),
• Conduct credit analysis to different types of customers and prepare credit
report for making decision,
• Perform loan classification and compute loan provision to different categories
of loans as per guidelines issued,
• Conduct portfolio analysis and monitor loan portfolio to ensure a business has
clean portfolio, and
• Compute non-performing loans and apply best recovery practices for nonperforming loans to existing customers.
4. MCP0104: Microfinance Risk Management:
After completion of this module, learners will be able to;
• Explain various concepts on credit risk management in microfinance business,
• Identify and measure risks related to microfinance business and operations,
• Manage risks related to microfinance business and operations,
• Monitor and evaluate credit risks related to microfinance business and
operations.
5. MCP0201: Products and Services in Microfinance:
After completion of this module, learners will be able to;
• Develop and categorise products and services offered by microfinance,
• Illustrate Microfinance Product Development Process,
• Understand and cope with emerging issues in microfinance services, and
• Tackle challenges in the provision of microfinance services.
6. MCP0202: Business Ethics and Customer Relationships in Microfinance:
After completion of this module, learners will be able to;
• Describe principles and importance of business ethics,
• Apply customer relationship management strategy,
• Exercise best ethics practices in customer handling, and
• Describe various ways to get customer feedback.
7. MCP0203: Microfinance Leadership and Governance:
After completion of this module, learners will be able to;
• Explain the importance of leadership and good governance in microfinance,
• Identify ethical issues in the governance of Microfinance institutions,
• Formulate and develop strategic planning in microfinance business,
• Apply human resources management skills in microfinance business, and
• Describe the roles and importance of microfinance associations.
8. MCP0204: Financial and Social Performance Management:
After completion of this module, learners will be able to;
• Explain the importance and users of financial statements and their needs,
• Evaluate and analyse financial statements for making credit decision,
• Evaluate and analyse microfinance business performance, and
• Compute and interpret performance indicators in microfinance.

D. TARGET GROUP
The Microfinance Certification Programme targets new and existing practitioners in
microfinance operations, owners of micro-finance – Tier II, Board Members, Management
Staff, Loan Officers, Compliance Officers in microfinance – Tier II, Accountants, Auditors,
ICT personnel, Auctioneers, Consultants and any interested person.

E. SCHEDULED DATES AND VENUE
The certification programme is expected to be conducted from 10th to 21st June 2024 at the
Bank of Tanzania Sub-Head Office Dar es Salaam.

F. PROGRAMME FACILITATORS
This course will be facilitated by the Bank of Tanzania Academy in collaboration with the
Directorate of Financial Sector Supervision as well as Microfinance experts in Tanzania.

G. FEES
The course fee is TZS 500,000/- per participant. The cost covers tuition, course materials,
lunch, and mid-session refreshments. Participants will be responsible for their travel costs
and upkeep. Please make your fees payment using the following channel:
Account Number: 9924191003
Account Name: Bank Draft Issued
SWIFT CODE: TANZTZTXXXX

H. MODE OF APPLICATION
Send a letter, an e-mail or make a phone call to the Academy through any of the mentioned
contacts below. The course will accommodate 150 participants per batch and the first-comefirst-served principle will apply. Applications should reach us at least two (2) working days
before the commencement of the course.
All applications should be addressed to:
The Principal,
Bank of Tanzania Academy,
P. O. Box 131, Capri-Point,
MWANZA
+255 (0) 28 2 500 982/709/983 +255 (0) 28 2 500 984
Email: academy@bot.go.tz