Q4 FY23 Performance and Business Highlights slide image

Q4 FY23 Performance and Business Highlights

Integrating Risk Management in Every Operating Process CreditAccess Ⓡ Grameen Microfinance is a Collection Business, hence Risk Management is Integral to Core Strategy and Operating Processes Contiguous District-based Expansion Target Customer Segment Customer Due-Diligence Lending Model Customer Engagement Model Employee Incentive Structure Employee Rotation Policy Consistent replication of processes/ controls Better understanding of social/ economic/ political/ climate risks, historical PAR, competition intensity High quality growth Focus on rural markets: •Less served, high potential Better control & asset quality Focus on new-to- credit customers: • Shapes customer behaviour and credit discipline • Increases loyalty Self-chosen group formation CGT, GRT, house visits • Comprehensive bureau check for all earning family members help to manage competition and overleveraging • Responsible loan usage due to flexible products/ repayment options • Better cash flow management • Reduced risk of overleveraging • More frequent engagement through weekly model • Early identification of imminent stress • Better control on collections • Faster recovery • No incentive to push higher disbursements • No impact on incentives due to external impact on collections • Incentivization for process adherence, customer training, customer servicing • Annual rotation of LOs and tri- annual rotation of BMs • Audit & Quality Control team rotation within the state • Reduces person dependence and provides multiple checks • Avoids over- leveraging Early Risk Recognition and Conservative Provisioning www.creditaccessgrameen.in 33
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