Supporting the International Micro-Loan Fund’s Transformation Into a Regulated, Deposit-Taking Institution
Banyan Global worked with the European Bank for Reconstruction and Development to support the transformation of the International Micro-Loan Fund (IMON) in Tajikistan into a registered, deposit-taking financial institution. Our team provided technical assistance to IMON to build its capacity in financial management and reporting. These efforts focused on training and technical assistance in regulatory requirements and risk management. Accepting deposits gives IMON the opportunity to expand its loan portfolio and diversify its client base. With Banyan Global’s guidance, IMON can demonstrate to depositors, regulators, and potential investors that these funds are well managed and that it is taking the necessary precautions to ensure liquidity. These actions are critical for the successful performance of a microfinance bank.