M2i Consulting

 Microfinance institutions (MFIs) play a vital role in providing financial services to low-income individuals and businesses. However, MFIs are also exposed to a number of risks, including credit risk, operational risk, and fraud risk. Internal audit in Microfinance Sector plays a critical role in helping MFIs to manage these risks and to ensure that they are operating in a sound and efficient manner. Internal audit is an independent, objective assurance and consulting activity designed to add value and improve an MFI's operations. It helps an MFI accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes. Here are some of the key benefits of Internal audit in Microfinance Sector: Improved risk management: Internal audit in Microfinance Sector can help MFIs to identify and assess their risks, and to develop and implement effective risk management strategies. Enhanced inter...

Internal audits are a vital part of any organization's risk management and compliance strategy. However, managing these audits manually can be time-consuming and error-prone. That's where software for doing internal audit  comes to the rescue. In this article, we'll explore the benefits of using such software and highlight some of the top solutions available. Software for Doing Internal Audit

In the dynamic realm of microfinance, where institutions extend financial services to the underprivileged, the fight against fraud is an ongoing battle. As M2i Consulting, we understand the importance of safeguarding the integrity of microfinance operations. In this blog, we will delve into the intricate landscape of fraud risk assessment in microfinance and share valuable insights on how to fortify your institution against financial malfeasance. fraud risk assessment in microfinance

Corporate Social Responsibility (CSR) programs have evolved into powerful tools for businesses to make a positive impact on society. However, to truly measure and maximize their effectiveness, a well-executed baseline survey for CSR program is indispensable. In this article, we'll explore the vital role of a baseline survey in CSR initiatives and how it lays the foundation for meaningful change. A Baseline survey for CSR program   is a study that is conducted before a CSR program is implemented. It is used to collect data about the current situation of the community or population that the program will be targeting. This information can then be used to develop the program, to set goals, and to measure the impact of the program over time.