1. “Bayport Micro wanted to restructure its group lending business after challenges with flawed underwriting processes had resulted in severe challenges including wrong targeting of customers and deteriorating portfolio quality. Rosmo Ltd was identified at BML (Bayport Group Office) level through an exhaustive industry search exercise spanning several countries within and outside the African continent. One of the striking features of the Rosmo Ltd approach to the assignment was the: Caliber of resource persons deployed on the assignment, the principal consultant was the lead consultant and he spent six months on the ground working with the management and staff of Bayport Micro. He was supported by a very experienced transformation consultant who worked on the field coaching and hand holding field staff on the new group lending business methodology. Rosmo ltd adopted very hands on approach to the assignment. They worked closely with the client to diagnose the problem and develop a unique solution tailored to the real situation on the ground rather than a theoretical approach which leaves the client worse off. Bayport Micro currently has a steady growing group lending portfolio with 100% collection rate six months after the end of the assignment.” Nathaniel Addy -General Manager Bayport Micro, Accra, Ghana.
2. “The institution needed to institutionalize the group lending methodology best practice. Rosmo Ltd was recommended by a Microfinance institution called Susu MFB in Nigeria. The delivery was hands-on and practically approached. The experience as a whole has been eye opening and enlightening.” Ehiks Johnson- MD/CEO Cedar MFB, Lagos, Nigeria.
Project Monitoring & Evaluation
Consultants to be engaged in this assignment also have experience in project design and development, project impact assessment and evaluation, project cost effectiveness analysis, project identification and implementation, project backstopping, public sector studies, field research, training, community development, and organizational audit.
Transformation of MFIs to Deposit taking Institutions
Consultants have been involved in the transformation of NGOs in to Commercial banks and recently NGOs transforming into deposit taking microfinance institutions and therefore have wealth of experience in this regard. The lead consultant has worked with K-rep bank from inception to date where he has been instrumental in the transformation process and creating both the microfinance, retail credit and business development departments in the bank.
Mentorship
Mentorship is for those MFIs that have started microfinance operations but are finding it difficult to cope with the increasing complexities of managing growth and performance. This service allows the clients to obtain advisory services of Rosmo consulting on a continuous basis.
Management Operations Systems
The consultants have wide exposure in operations systems.
