Toward a Consistent and Appropriate Risk Management Framework for MFIs
This paper describes the RIM’s Risk Management Graduation Model (RMGM), which provides an invaluable starting point for all stakeholders with an interest in improving risk management in the microfinance sector. A principal goal of the RIM is to change the approach to risk management and its central driving question from “What is risk management and how do you do it?” to “Why is risk management important to my organization and clients?” The RMGM has been designed with this goal in mind.