Request for Proposals For Collaborative Partnership for Action Research into Savings Product Development
MicroSave Africa
Publication Date: 1998
Published by: MicroSave
Document Type: Other
Request for proposals for collaborative partnership for action research into savings product development
MicroSave is to:- Work on savings product development as part of a learning-by-doing agenda;
- Disseminate information on savings-related issues to microfinance institutions(MFIs) in Africa;
- Enhance the capacity of local service providers to provide training and technical assistance on market research methods to examine clients' needs for savings products;
- Prepare training curricula on savings product design, costing/pricing, pilot testing and evaluation.
In order to undertake these activities, MicroSave seeks five collaborative partner MFIs who meet the following criteria: - Legally permitted to mobilise savings deposits and falling within regulatory and under supervisory frameworks
- Clear commitment to and progress towards achieving sustainability;
- Three or more years of operations
- effective accounting and management systems;
- Interested in/committed to designing and implementing high-quality savings products for poor people.
These partner MFIs will benefit by:
- Developing staff skills in market and client perspective research techniques, saving products and conduction of cost-analysis of providing saving exercises;
- Designing and testing new client- responsive savings services;
- Receiving extensive local consultant input in support of the action research programme;
- Developing links as partners of the MicroSave- Africa programme;
- Receiving advice and some assistance with ownership, governance and management structures;
- Receiving increased profile through the Micro Save-Africa dissemination activities.
Together, MicroSave and its partners will:
- Conduct market and client need/perspective research to examine the demand for savings products amongst the MFIs' clients and non-clients;
- Design cost and price savings products in response to the market research conducted;
- Pilot-test, monitor and evaluate (including cost analysis) the savings products
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