SOFI-MFI Diagnosis is a methodology for assessing the Technical Assistance (TA) needs of Financial Service Providers (FSP), much like a TA due diligence.
Its structured approach makes it possible to confirm and prioritize TA needs and to develop a tailor-made TA plan allowing FSPs to unlock their full potential in the medium term.
The added value of SOFI-MFI Diagnosis lies in the analysis of the FSP’s capacity to change, with a particular focus on human capital to ensure that all the necessary conditions are met to sustainably drive change.
Experience has demonstrated that the capacity to change contributes to anchoring change within the supported FSP, to the benefit of their performance, thus guaranteeing a greater return on investment in technical assistance.
SOFI-MFI Diagnosis is tailored for:
- Investors and Microfinance Investment Vehicles (MIV) managing TA funds who are looking to professionalize the technical assistance of their investees. The tool helps measure the return on investment and the impact of the TA.
- Donors and Development Agencies to help them select the FSPs with whom to work and to shape contributions to be in line with the mission and strategic objectives of the FSPs and not the other way around. By using SOFI, Donors and
- Development Agencies are better placed to understand the reality of FSPs and therefore their potential and needs to design and successfully implement a project.
