MMC recognizes the need to build stronger institutions that will deliver finance and capability development programs to the poor. If MMC Members are to achieve this goal, the need to improve organizational capacities is paramount.
MMC has launched a project aimed at supporting capacity development with special focus on helping MFIs achieve social and institutional objectives under the concept of TOTAL PERFORMANCE MANAGEMENT.
The project, Building Resources in Developing Greater Effectiveness of Social Enterprises or BRIDGES, is designed to help MFIs develop institutional capacity focusing on people, systems, strategies, products, structure, and shared values.
MMC-BRIDGES is both a technical assistance program and a knowledge management program aimed at developing people, systems, and other areas of organizational development. It focuses on 5 basic management functions– Human Resources Management, Finance Management, Risk Management and Control, Microfinance Operations Management, and Social Performance Management - PPI. The BRIDGES Program aims to hone the the management skills of personnel holding key positions in the organization, improve the organization’s systems and align them with strategic objectives, build a community of peers working together to improve the practice of their profession within the same sector, and to improve the social and financial performance of Microfinance Institutions (MFIs) participating in the program .
By assisting MFI participants in developing and strengthening their organizations, it is expected that there will be better service delivery. Hopefully, the common end of supporting poor families in their efforts to alleviate themselves from poverty can be achieved.
MMC is currently accepting scholarship applications for BRIDGES from its member MFI's. Contact MMC and know the steps in applying for admission to the BRIDGES Program. First BRIDGES Session is scheduled on June 27-29, 2011.
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