Working Group 2: Portfolio Quality

Introduction

The Portfolio Quality Working Group will review and/or finalize the definition of indicators such as PAR, explore complementary metrics that will meaningfully improve understanding of a company’s portfolio quality, and/or alternatives (such as Utilization Rate). It will also review and develop frameworks and concepts such as Cohort Analysis to improve the usefulness of the indicators. This Working Group will feed into the KPI Working Group.

join the working group

The working group is divided into two subcommittees to reach the objectives set (1) Loss/Default and (2) Collection Efficiency; each will be tasked to specific areas related to Portfolio Quality. 

Introducing your co-chairs

Anish Thakkar, Co-Founder, Greenlight Planet

Greenlight is a leading manufacturer of off-grid solar energy systems used today in 10 million households worldwide. Greenlight operates the industry's largest Pay As You Go distribution network, selling 35,000 consumer-financed solar home systems each month through its network of 140 branch stores and 3,000 commission-based agents in Kenya, Uganda, Tanzania and Nigeria. Anish served as Greenlight's CEO until 2016 and today leads debt fundraising and new products initiatives.

 

 

 

 

Tobias Ruckstuhl, Principal at Persistent

Tobias Ruckstuhl focuses on bringing his deep financial and venture markets expertise in due diligence processes as well as providing expert advice to investees from an investor’s perspective but also through taking on operational mandates in the form of interim CFO positions.

Before joining Persistent, he was a management consultant at Accenture in Switzerland, a global consulting company, specializing in digital and technology consulting. He previously also worked as head of accounting, finance, and logistics for a safari and conservation company in Central Africa as well as starting up his own entrepreneurial ventures. Tobias is a Certified Management Accountant (CMA) and holds a masters in international affairs from the University of St. Gallen as well as bachelors in business & economics.

 

Fabio Eucalipto, Principal & CFO at Persistent

Fabio Eucalipto is the Chief Financial Officer at Persistent. Beyond the internal role and in line with the firm’s strategy, he both focuses on bringing his financial markets expertise in investment processes as well as providing advisory to investees through taking on executive operational positions. He has been the interim CFO of several PAYG companies Persistent is invested in.. Fabio holds a Masters in Accounting and Finance from the University of St. Gallen and the Indian School of Business in Hyderabad. He previously worked as auditor of asset management companies at Ernst & Young and as an alternative investment analyst at Deutsche Bank. Before joining Persistent, he was a Vice President at SUSI Partners, a Swiss investment manager specialized in financing sustainable infrastructure.

 

Meeting Minutes/Documents

Resources

Summary March 2019 Portfolio Quality survey results 

Sniff tests: CGAP Occasional Paper Issue No. 3 June 1999: Measuring Microcredit Delinquency Ratios Can Be Harmful to Your Health

Summary results Feedback Survey for PAYGo PERFORM Indicators July/August 2019