3.1 The Credit committee formulate the policy for micro finance and enterprise development credit and draw the outline of credit requirements. The Credit Committee is a four member standing committee. District Managers can attend the meetings of the Committee upon invitation.

3.2 The Credit Committee will meet on a specified day in the first week of each month.
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3.3 The Credit Committee comprise of the following members:

Chief Executive Officer Chairman
Chief Credit Operations Member & Secretary
Chief Financial Officer Member
Chief Internal Auditor Member

Functions of the Credit Committee
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3.4 The main functions of Credit Committee are summarized below:

• Formulate credit policy to acquire and develop a portfolio of qualified borrowers.
• Carry out monthly, quarterly and yearly review of credit policy and credit operations.

• Formulate guidelines to control and timely analysis of applicants’ creditworthiness, especially for credit assessment and approval process, credit administration, loan recovery, etc.
• Provide prudent and consistent guidelines for the effective management of the accounts processing and credit administration functions.
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