OPTION A QUESTION For MFIs to be fulfill the mandate for which they came into being, which is to bring affordable financial services to the poor, the management and governance of MFI must be paramount. You have been recently contracted as a consultant to help an MFI structure an aspect of its governance framework. After the deliberations, you come to the understanding that the board needs you to help determine whether it has the requisite frame to be able to successfully execute its governance and oversight role. On the basis of this understanding, you have dispatched a questionnaire to the board of the MFI, seeking among other things, some relevant information on which areas the board is strong and can build on and which areas are weak and need improvement In short, the board wants you to do an evaluation to facilitate their actions going forward and enhance their performance in steering the affairs of the company. Required: In no more than 15 pages, write the report detailing the practices of the board, identifying areas of strength to leverage on, red flags to address as well any issue you consider relevant in the quest to enhance board performance. (100 marks) OPTION A QUESTION For MFIs to be fulfill the mandate for which they came into being, which is to bring affordable financial services to the poor, the management and governance of MFI must be paramount. You have been recently contracted as a consultant to help an MFI structure an aspect of its governance framework. After the deliberations, you come to the understanding that the board needs you to help determine whether it has the requisite frame to be able to successfully execute its governance and oversight role. On the basis of this understanding, you have dispatched a questionnaire to the board of the MFI, seeking among other things, some relevant information on which areas the board is strong and can build on and which areas are weak and need improvement In short, the board wants you to do an evaluation to facilitate their actions going forward and enhance their performance in steering the affairs of the company. Required: In no more than 15 pages, write the report detailing the practices of the board, identifying areas of strength to leverage on, red flags to address as well any issue you consider relevant in the quest to enhance board performance. (100 marks)