Project Experience

Jamaica

Upgrading: Institutional Strenghtening of Partner Financial Institution, since 2010

 

Since February 2010, LFS is advising the largest microfinance provider in Jamaica. The objective of the institutional strengthening project is to increase the operational efficiency of the institution.  LFS works in close collaboration with the senior management of the partner institution.

In a first phase of the project, LFS undertook a due diligence of the partner institution, including an indepth analysis of the credit operations and training activities. As an outcome, a Business & Action Plan for the development of the microlending operations and overall institutional development of the partner institution was elaborated.

In a second phase, LFS is supporting the implementation of the business and action plan, through the development and implementation of best practice MSME finance operations in the partner institution. This aims at improving the operational efficiency of the institution, and at enabling it to manifesting its role as the leading provider of microfinance services in Jamaica.