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Institutional Risk Management Improvement Process

Risk management improvement begins with the Board of Directors. The graduation approach employed within the Risk Management Graduation Model (RMGM) framework provides senior management and the Board of Directors a forward-looking view of the recommended risk management structures which should be in place to align risk management best practice with the strategies laid out its […]

About Us

Risk Management Initiative in Micro Finance (RIM) is collaborative market strengthening initiative aimed at promoting and supporting the implementation of stronger, more appropriate risk management in the microfinance sector. RIM registered as a non-profit ASBL based in Luxembourg in 2016. Read our list of FAQs for more information. Read our FAQs GET INVOLVED Keep up […]

Steering Committee

The Steering Committee acts as the active branch of RIM’s Voting Members, providing governance, advisory, and strategic support to the PRMIA Board and Staff ensure the mission and vision of RIM is achieved. RIM Steering Committee Members and Governance

Testimonials

The growing demand that Microfinance Institutions approach their businesses with Risk Management consciousness and diversity of risk across organizations, Risk Management Graduation Model is a veritable tool for assessment of risk management in any Microfinance organization type providing risk management gaps at current business level and assisting in preparing organizations to manage future risk as […]

Creating a Stronger Risk Culture in Microfinance Working Group

Background RIM has established its Graduation Model as a meaningful tool and set of recommendations for risk management best practices. Guidelines included in the risk culture foundation component refer only to internal and external transparency, but do not take into consideration a series of factors than can encourage or discourage an institution’s risk culture: leadership, […]