No of Days 5
Price: Ksh 90000/ USD 1100
Training course on the role of table banking as a financial inclusion strategy ; Nairobi and Mombasa; Kenya
Financial inclusion is a term that has multidimensional meanings. Financial inclusion or inclusive financing encompasses initiatives from both the supply (access) and demand (usage) side within the financial sector. It includes the provision of appropriate and quality financing services that is both affordable, accessible and of quality to low income and vulnerable households. The principals of financial inclusion include access, consumer financial education, innovation, usage, quality, diversity and simplicity. Table banking on the other hand is a group funding strategy where members of a particular group meet once every month, place their savings, loan repayments and other contributions on the table then borrow immediately either as long term or short-term loans to one or a number of interested members. The women often use the money borrowed as capital for their livelihood projects. In some cases, they use animals such as goats as collaterals to guarantee the loans.
Who should attend?
Senior managers responsible for strategic planning, marketing, and payment services. Mid-level to senior officials from central banks and government agencies dealing with regulation of the financial sector. Preference is given to applicants working on issues directly related to financial development and inclusion. Participants are expected to have a basic knowledge of economics or finance, or equivalent work experience. Knowledge of econometrics is helpful but not required
Duration
5 days
Objectives
i. Examine which factors hinder financial inclusion among women
ii. Know to what extent table banking offers financial inclusion services
iii. What regulatory and policy framework would enhance table banking as financial inclusion strategy.
iv. This course will provide you with relevant knowledge on the following key financial inclusion policy areas: proportionate application of global standards, consumer protection, the digital route to financial inclusion, national strategies, measuring the impact of financial inclusion.
v. The course will help develop skills to develop and analyze policies and design strategies to implement them with a special focus on developing countries.
Course content
a. Transformation of Kenya’s Banking sector.
b. Formal financial inclusion in Kenya
c. Digitization of financial services
d. Is Kenya’s Digital Revolution Informalizing Financial Inclusion?
e. Measurement of Financial Inclusion: Beyond the Binary Measure
f. Financial Capability and Financial Inclusion
g. Role of table-banking on socio-economic empowerment of women
h. Effect of microfinance banking on financial inclusion
i. Determinants of the implementation of table banking
j. Effects of table banking on investment decisions
Methodology
The instructor led trainings are delivered using a blended learning approach and comprises of presentations, guided sessions of practical exercise, web-based tutorials and group work. Our facilitators are seasoned industry experts with years of experience, working as professional and trainers in these fields.
Key Notes
i. The participant must be conversant with English.
ii. Upon completion of training the participant will be issued with an Authorized Training Certificate
iii. Course duration is flexible and the contents can be modified to fit any number of days.
iv. The course fee includes facilitation training materials, 2 coffee breaks, buffet lunch and A Certificate upon successful completion of Training.
v. One-year post-training support Consultation and Coaching provided after the course.
vi. Payment should be done at least a week before commence of the training, to DATASTAT CONSULTANCY LTD account, as indicated in the invoice so as to enable us prepare better for you.