Intervention:
Support to the Microfinance Sector Regulatory Agency (ARSM) OF Niger
Objective
The objective of the support is to strengthen the capacities of the ARSM and the actors of the microfinance sector in Niger.
Description
The purpose of the ARSM is to improve Niger Government's intervention in the supervision of microfinance activities. On behalf of the Minister of Finance, it supervises decentralised financial systems (microfinance institutions). The intervention will allow the ARSM to :
-Establish a diagnosis of the organisational structure, tools and control methods of the ARSM
-Increase the dissemination of the BCEAO sanction guide within the ARSM and the microfinance institutions
Carry out a market study on existing software to process the financial data of the microfinance institutions Develop a website to facilitate the communication between ARSM and microfinance institutions.
Results
The ARSM staff is better trained and able to carry out its missions. The ARSM is provided with information that will enable it to be more efficient and to better restructure the microfinance sector in Niger. The SFDs are better informed about the sanctions rules and the principles of good governance set by the BCEAO. Communication between the ARSM and the microfinance institutions is improved.
Further Information
Project Deliverables
Diagnostic study of ARSM
Market study of available software for ARSM
Training material on the BCEAO’s sanction guide
