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GU SII RURAL FARMERS SACCO MICROFINANCE DEPARTMENT OPERATIONAL PROCEDURES 2006February 2006GFRS Microfinance Department Operational Procedures 2006TABLE OF CONTENTS 1PREAMBLE ___ 42AREAS OF OPERATION

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What is operational procedures - microfinance?

Operational procedures in microfinance refer to the set of rules and guidelines that govern the day-to-day operations of a microfinance institution.

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Microfinance institutions are required to file operational procedures.

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Operational procedures in microfinance can be filled out by documenting all the processes and policies followed by the institution.

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The purpose of operational procedures in microfinance is to ensure consistency, efficiency, and compliance with regulations in the operations of the institution.

What information must be reported on operational procedures - microfinance?

Operational procedures in microfinance must include details on lending policies, risk management practices, internal controls, and client protection measures.

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