2017 - Celebrating 10 Years


International Finance Development

of innovative project work








About IFD







Some key activities:

Loan pricing and quantitative management tool: SIAP-Simulasi BPR for Indonesia’s People’s Credit Banks

Risk and Liquidity Management tool: RLMT  with an embedded largely automated ALM process from branch to Head Office & Consolidated level

Raiffeisen-SLA federation autonomous model, transferrable to any community




The vision of International Finance Development is to make a profound contribution to the enhancements of financial systems in developing and transition countries that will enable the respective economically active poor to realize their full potential.


The approach taken: Development of concepts and applications which are tailor made for the respective local situation by combining mathematical skills with many years of experience in international finance, in particular in market - and credit risk management as well as long term personal and project related experience in Uganda, East Africa.


A high value is set on working together with people

  • at the grass root level with Self-Help Groups (SHGs)
  • on-site at microfinance institutions (MFIs)
  • and agricultural cooperatives
  • in workshops held for employees of MFIs
  • at development and central banks
  • at local development offices
  • at universities
  • advising microfinance funds

Since the establishment of IFD in July 2007 until 2011 a major focus was given to continued work in Indonesia supporting the People’s Credit Banks (BPR) with a loan pricing and quantitative management tool to analyse the current and simulate the future business.

For MFIs in any country a tool for risk management & dynamically forecasting liquidity, based on the expected cash flows at branch as well as head office & consolidated level was designed. The tool is used for training & implementing the underlying asset liability management process at MFIs especially those who are allowed to lend clients’ deposits.

The model of a three-level Raiffeisen federation of savings- & loan associations (R-SLAs) applicable within any community was developed and established together with the Catholic Workers Movement Uganda. This unique model is based on three pillars: 1.) a rigorous three-level internal audit, self-monitoring & evaluation system; 2.) a practical tool for business financial-planning; and 3.) linkage-banking.

Recently, the autonomous self-monitoring system was digitalized even on primary level through group ledgers, running on members’ own smartphones, offering fully automated and complete audit functionalities as well as financial statements.

Working with the Ugandan Cooperative Alliance, the demand for innovative course modules and hands-on tools for their members was recognized and met resulting in a Savings- & Loan Portfolio Management Tool (SLPMT) for MFIs without a core banking system and a Produce- & Pay Planning and Management Tool (PPPMT) for agricultural cooperatives and their unions.

Dr. Birgit Galemann