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Women's World Banking and NABARD to Host Training Course on Individual Lending, December 6-8, In Lucknow, India
Women's World Banking (WWB), one of the leading global microfinance networks, will host a training course on individual lending in Lucknow, India, December 6-8. The course will be given in collaboration with India's NABARD (National Bank for Agriculture and Rural Development), a leader in promoting sustainable and equitable agriculture and rural development through credit support and institution building.

The three day skill-building workshop will provide microfinance practitioners from India and surrounding regions with an in-depth understanding of the requirements and challenges to introducing individual lending, and will draw on WWB's extensive global experience helping microfinance institutions implement individual lending products. The workshop will bring together twenty microfinance practitioners interested in introducing new individual lending products or refining existing ones. Participants include managers from institutions such as SKS (Hyderabad) and SEEDS (Sri Lanka). Led by product diversification experts from WWB's New York-based global team, the course will include classroom training, case studies, group work and multi-media presentations.

"We are very pleased to be hosting this course with NABARD," said Hans Dellien, Manager of Microfinance Services at WWB. "Microfinance practitioners will benefit from our trainers' broad experience in introducing individual lending products with institutions across the globe. This experience enables them to provide not only a thorough overview of the process, but also a balanced and practical explanation of the details and challenges involved."

Individual lending is a loan product that microfinance institutions can extend to clients individually - based on analysis of clients' business and household cash flows - and thus differs from the group loan approach common throughout the microfinance industry, in which loans are disbursed to a group and co-guaranteed by group members. The introduction of individual lending allows microfinance institutions to reduce loan risk by diversifying their portfolios, and can help them to grow and strengthen their market positions by attracting a wider range of clients.

Members of the press interested in attending, please contact Petra Tuomi, Director of Communications, at 212-768-8513 (office) or 646-873-0763 (cell), ptuomi@swwb.org, or Elizabeth Lynch at 212-768-8513 x211 or elynch@swwb.org.

Website: www.womensworldbanking.org
Source :
PR Newswire
 
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