Who can apply?
Membership is open to individuals and organizations committed to RIM’s mission and interested in implementing, promoting, or advocating for appropriate risk management in the microfinance industry.
Interested parties may include:
- Consulting firms
- Technical assistance facilities
- National microfinance networks
- International microfinance networks
- Microfinance holding companies
- Microfinance rating agencies
- Commercial banks (with CSR unit focused on microfinance)
- Financial sector development programs
- IT security firms
- Core banking system providers
RMGM Assessment Tool & How-To Video
Online Risk Management Knowledge Base
Restricted-access website content
(including RMGM Assessment Toolkit
and associated tools)
Priority within RIM’s consultant database
Participation in RIM-organized
10% discount on RIM consultant daily rates
Exposure and recognition on RIM website,
publications, and presentations
Complimentary introductions to risk
management experts (for projects
Steering Committee eligibility
- Membership fee waived for organizations with a representative serving as Steering Committee Chairperson
- Organizational membership provides working-group access to multiple individuals per organization
ORGANIZATIONS (INCLUDES 4 MEMBERSHIPS)1
- For organization memberships greater than four, contact email@example.com
- Single-year individual membership granted to participants of RIM Graduation Model Assessment methodology training
Access Microfinance Holding AG (AccessHolding) was established in 2006 by a group of international shareholders from the public and private sectors. The business purpose of AccessHolding is to build up and control a network of commercial banks in developing and transition countries (the AccessGroup) with a target group focus on micro, small and medium-sized enterprises (MSMEs). The AccessGroup currently comprises ten financial institutions located in Sub-Saharan Africa, Central Asia, the Caucasus and South America. Further members will be added to the group successively in these and other regions. The head office of AccessHolding, the parent company of the group, is located in Berlin, Germany. For more information, visit www.accessholding.com.
- MSME Finance: IPC advises financial institutions all over the world on how to establish innovative financial services geared towards stimulating the economic development of the private sector as well as providing access to finance for the under-served population. After conducting in-depth market surveys and feasibility studies, IPC accompanies clients to develop and implement effective business and risk strategies.
- Environment and Energy: IPC conducts feasibility studies and provides support in designing international development programs. IPC provides strategic consulting to enable financial institutions to systematically design their operations in an environmentally sound manner.
- Training and Skill Development: IPC develops vocational preparation programs to help equip young graduates and professionals with the knowledge and skills they need to excel in their area of specialisation. At the same time, IPC assists partner financial institutions in building capacity by establishing training programs for their staff to increase productivity and efficiency.
Our visionInspired by our Islamic faith and guided by our values, we envisage a world where communities are empowered, social obligations are fulfilled and a world where all poor people have access to real virtuous micro financial services.
Our missionExemplifying our Islamic values, we will mobilise resources, build partnerships and develop local capacity as we work to lead the fight against global poverty by providing ethical finance to create lasting social and monetary well-being.
- Enable communities to mitigate the effect of disasters, prepare for their occurrence and respond by providing relief, protection and recovery.
- make money work for positive economic, social and environmental change
- Support the marginalized and vulnerable to voice their needs and address root causes of poverty.
- support innovation in alternative financial products
- help create a financial system in which everybody is stakeholder
- Hekkenberg, Hans
- Lange, Karsten
- Malwadde, Christopher
- Ndeme, Aline
- Ng’ang’a, Elikanah Kiarie
- Niwagaba, Stephen
- Okafor, Adaobi
- Park, Sa-Eun
- Pikholz, Lynn
- Redfern, Julie
- Semenova, Anna
- Squier, Ashley
- Wang, Shengyan
Over the past 20 years, ADA has been dedicated to building and catalysing the financial inclusion of populations excluded from conventional banking channels in developing countries. ADA empowers microfinance institutions and networks. Through the Luxembourg Microfinance and Development Fund (LMDF), ADA also helps them obtain the funding necessary for their sustainable growth. ADA focuses on the development of innovative inclusive financial services, capacity building, and action research. ADA puts expertise to use in areas including youth financial inclusion, access to green energy through microfinance, microinsurance, and reinvested savings through remittances for migrants as well as collaborating with individual states to support their inclusive finance expansion strategies. ADA is a non-governmental organisation approved and cofinanced by the Luxembourg Directorate for Development Cooperation and Humanitarian Affairs and is placed under the High Patronage of Her Royal Highness the Grand Duchess Maria Teresa. For more information, visit www.ada-microfinance.org.
- Giovanni Calvi
- Ligia Castro-Monge has more than 30 years of professional experience in the economic and financial fields, with areas of concentration in regulation of financial intermediaries, risk management and microfinance. Ms. Castro-Monge holds university degrees in Economics from the University of Costa Rica, and a Master of Arts Degree in Economics from the University of Chicago, U.S.A. Since 2000, she has provided consulting services for numerous organizations, and has participated in the development and implementation of methodologies for exogenous risks diagnostic and management (business continuity and contingency planning), and for financial and operational risk management in MFIs under the Basel II and Basel III frameworks.Ms. Castro-Monge has provided technical assistance, training and coaching in financial and operational risk management to numerous MFIs in Latin America and the Caribbean, Sub- Saharan Africa, East Asia and the Pacific, the Middle East and North Africa, and Luxembourg. She was the Chairman of the Technical Working Group that developed the Risk Management Graduation Model (RMGM) under the Risk Management Initiative for Microfinance (RIM), and has extensively applied the RMGM in different geographies.
- Kevin Fryatt served as RIM’s first Director from 2014-2018 and is responsible for the initiative’s initial visionsetting. Early in his leadership, Kevin led governance development and an initial branding and strategic planning process which prompted the name change from the Risk Management in Microfinance Task Force to the Risk Management Initiative in Microfinance (RIM) that we know today. While Director, his achievements include the initial website launch, introducing individual membership and doubling organizational membership, increasing annual revenues to over $300k, unveiling and gaining global uptake of the Graduation Model, co-authoring RIM’s Institution Assessment Guides and launching of associated Institution Assessment Courses for Independent Assessors and Internal Staff, launching RIM’s Institution Assessor Directory and developing a framework for and growing RIM’s working groups from one to four.Kevin’s global experience in governance and risk management of financial institutions and knowledge within financial inclusion spans the past 13 years and includes technical and senior leadership positions with the Washington Area Community Investment Fund, MFX Solutions, and World Relief. He has served with the SEEP Financial Services Working Group on the development of the Microfinance Reporting Standards and on the Board of Directors of several microfinance institutions in Kosovo, Burundi, DRC, and Liberia. Kevin also serves as subject matter expert in risk within Accion’s Africa Board Fellowship program.Kevin has an MA in International Development from Eastern University, a BBA from the University of the Fraser Valley in Canada, specialized Asset/Liability Management training from the IFF in London and is a Certified Expert in Risk Management from Frankfurt School of Finance and Management in Germany. Kevin is currently based in Washington, DC.
- Evrim Kirimkan is Head of Operations for Latin America with MFR, a rating agency specialized in responsible finance, returning to the company after several consulting projects in the areas of risk management and social performance management, also having co-authored the Graduation Model of the Risk Management Initiative in Microfinance. Previously, he conducted important work in the assessment and development of MFIs with MFR, completing over 70 evaluations worldwide. Evrim has also worked as Treasurer and Account Manager in the Brussels office of BNP Paribas. In recent years, he has led various training workshops on risk management, financial and social indicators, and social performance management, including as Faculty at the Boulder Institute’s Microfinance Training Program since 2012. Evrim has a degree in Economics and Econometrics from the University of Nottingham, a Masters in Financial Management from Vlerick Business School and a Postgraduate Certificate in Agricultural Economics from SOAS – University of London.
- Marnix Mulder
- Massimo Vita is Partner of Microfinanza Srl, and a management professional with over 20 years of experience spanning more than 40 countries worldwide. With a dedicated focus on microfinance and banking, his main fields of expertise include consultancies in corporate governance, risk management, internal control and business planning. He is a skilled financial analyst, having carried out more than 100 ratings during his time as Founding Partner and Operations Director of MicroFinanza Rating, international rating agency. He has also worked for five years as technical assistance specialist with the Regional MSME Investment Fund for Sub-Saharan Africa (REGMIFA) managed by Symbiotics SA. Prior to this he collaborated with Unido at the SME department and worked for Arthur Andersen Spa in the provision of audit and risk consulting services for financial institutions. Massimo joined CreditAccess Asia (CAA) in January 2016 as Group Head of Operations Support Team, then in 2017 he became Group Chief Risk Officer of CAA and Managing Director of the regional headquarters in Thailand, focusing on improving governance, strategic direction and risk management of the MFIs’ affiliates which are located in South and South-Eastern Asia. Massimo is also chairs the Steering Committee for the Risk management Initiative in Microfinance (RIM) and a faculty member at the Microfinance Training Program for the Boulder Institute since 2018. Massimo has a Master’s equivalent in Economics and Commerce from the University of Verona (Italy) as well as a Master diploma in Development, Innovation, and Change from the University of Bologna (Italy). He is fluent in English, French, Italian, and Spanish.