Emerging trends in credit risk management and debt recovery
Course Title: Emerging Trends in Credit Risk Management and Debt Recovery in Kenyan SACCOs
Duration: 1 Day (Full-Time)
Target Group: SACCO CEOs, credit committee members, credit officers, risk managers, finance managers, and supervisory committee members.
1. Executive Summary
This course equips SACCO staff and management with knowledge and practical skills to manage credit risk effectively and implement efficient debt recovery strategies. Participants will explore emerging trends in risk assessment, lending practices, regulatory compliance, and debt recovery mechanisms to enhance SACCO financial sustainability and member service quality.
2. Course Objectives
By the end of this training, participants will be able to:
- Understand contemporary trends in credit risk management in SACCOs.
- Apply modern techniques for assessing and mitigating credit risk.
- Develop effective debt recovery strategies while maintaining member relationships.
- Align credit management practices with regulatory frameworks and best practices.
- Integrate technology and innovation in credit risk management and debt recovery.
3. Expected Learning Outcomes
Participants will be able to:
- Analyze credit risk using modern assessment tools and frameworks.
- Implement best practices in loan monitoring, evaluation, and recovery.
- Identify early warning indicators for credit risk and default.
- Apply legal, ethical, and regulatory standards in debt recovery.
- Incorporate digital tools and emerging trends to improve credit management efficiency.