LB Prakash

Current

Consultant at Development Capital
Secretary at Akshara

Past

Coordinator - South India at MicroSave
Consultant - Team Leader at EDA Rural Systems Pvt Ltd/M-CRIL
Team Leader at Micro-Credit Ratings International Limited (M-CRIL)

Vice President at APMAS - Mahila Abhivruddhi Society, Andhra Pradesh
Program Support Head at Care-India
Senior Manager at Cooperative Development Foundation

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Education

IRMA
Osmania University

Recommended

7 people have recommended LB

Connections

182 connections

Industry

Non-Profit Organization Management

LB Prakash’s Summary

LB Prakash is a microfinance, livelihoods and social development expert with sixteen years of management and consulting experience in capacity building of microfinance organisations in Asia. He specialises in feasibility and risk assessment of MFIs, NGO partnerships, Cooperatives, self-help groups (SHG) and their Federations, project appraisals and financial modelling for microfinance programmes. His work experience includes promotion and nurturing of community-based organisations (cooperatives) of women and (men) farmers, management of large loan fund and working with government organisations/ departments like Rural Development, Registrar of Cooperatives, APSACS, SERP (implementing the World Bank funded IKP/Velugu project), APRLP and DRDA. Previously he worked as Senior Manager (COO) of Cooperative Development Foundation, and later as Programme Support Head with CARE and subsequently as Vice President (COO) of APMAS. In his consulting work, Prakash has handled major projects for Grameen Foundation, UNDP-UNOPS, WFP, CGAP, MISFA, ImpAct, CARE, etc. He holds a Masters degree in Rural Management from IRMA (1990) and is a Bachelor of Engineering (Mechanical) from Vasavi College of Engineering, Osmania University (1988)

See the profile in a power point slide format below.

LB Prakash’s Specialties:

Microfinance and Livelihoods: In-depth understanding Grameen, SHG and Cooperative methodologies, Participatory approaches to Project Design, Implementation, Assessment and Appraisal using rating methodologies or result-based management frameworks, Market Research, Loan Portfolio Audit, Process Mapping,.

Capacity Building: Strategic Business Planning, Context-specific Participatory Methods, Develop Strategic Direction, Diagnosis, Problem Solving, Training and Facilitation.

LB Prakash’s Experience

Consultant

Development Capital

(Partnership; 1-10 employees; Civic & Social Organization industry)

February 2005 — Present (4 years 6 months)

Training and consulting work for grass root, national and international organisations including CGAP, IFAD, IFRC on programme evaluations, organisational reviews and capacity building.
Secretary

Akshara

(Non-Profit Organization Management industry)

October 1998 — Present (10 years 10 months)
Coordinator - South India

MicroSave

(Non-Profit; 11-50 employees; Financial Services industry)

April 2007 — July 2008 (1 year 4 months)

Setting up of the South Zone office and Developing and managing a team for identifying, nurturing and developing Action Research Partners (ARPs) through provision of appropriate capacity building and technical backstopping.

Recent Assignments include
* Develop Toolkits on Delinquency Management, Internal Audit and Controls and MIS
* Revise Toolkits on Individual Lending, Financial Accounting, Governance
* Develop Process Monitoring methodology for Arohan
* Lead the team in producing video films on JLG, SHG and Individual Lending processes
* Trainer at AMI-India, AMI-West Africa and AMiDA, Indonesia
* Loan Portfolio Audit of Bandhan, Kolkata and BWDA, Villupuram, India
* Market Research for a Savings Product for Sex Workers in Andhra Pradesh for Avahan Project
* Strategic Business Plans for SWAWS, Hyderabad, India and BWDA, Villupuram, India.
* Team member in the MFIOOAB Toolkit
Consultant - Team Leader

EDA Rural Systems Pvt Ltd/M-CRIL

(Privately Held; 11-50 employees; Financial Services industry)

August 2005 — June 2007 (1 year 11 months)

Led the team in piloting concepts and methodologies such as Social Rating, Poverty Audit, Progress out of Poverty Indicators (PPI) and market research initiatives across India and Social Performance Management Audit in Philippines. Implementation of micro finance program for UNDP-UNOPS in Myanmar, based on Grameen methodology and assessment and finalisation of Business Plans of MFIs in Afghanistan on behalf of MISFA. Also, delivered CGAP trainings and initiated the revision of the M-CRIL Rating Tool for MFIs.
Team Leader

Micro-Credit Ratings International Limited (M-CRIL)

(Non-Profit Organization Management industry)

2005 — 2006 (1 year)
Vice President

APMAS - Mahila Abhivruddhi Society, Andhra Pradesh

(Non-Profit; 11-50 employees; Civic & Social Organization industry)

May 2002 — February 2005 (2 years 10 months)

APMAS, started in 2001, is a not-for-profit state level technical organisation for promoting self-help and SHGs. Prakash functioned as Chief Operating Officer of APMAS with the overall responsibility for ensuring good Governance, Management, Financial and Internal Control Systems. He also led the Organisational and Risk Assessment (credit rating) initiatives. Other responsibilities included Donor Reporting and representing the organization at various forums. During 2001-02, Prakash provided Advisory Services in setting-up of APMAS, including designing the Governance structure, drafting the organizational articles of association and initial organisational systems and policies.

Developed Risk Assessment (credit rating) methodologies – GRADES, to rate SHG Federations (and SHGs) and CoopRATE, to rate Thrift Cooperatives and RapidRATE, for a rapid rating of SHG Federations. Team Leader for the rating team in conduct of more than 200 risk assessments (credit ratings).
Program Support Head

Care-India

(Non-Profit Organization Management industry)

November 1998 — July 2001 (2 years 9 months)

In addition to managing the Program Support functions (Finance, Administration, Human Resources and Information Systems), played a key role in institutionalising the micro finance program of CARE-AP, and in operationalising the new programs - STEP, the sustainable tribal empowerment program and CASHE, the micro finance program (in the state). Managed the financial review against program achievements of partner NGOs implementing the micro finance and other programs. As a member of the CARE-India’s Agricultural and Natural Resources group, played a key role in the ANR initiatives. Also, managed relief procurements during the Orissa Super Cyclone and Gujarat Earth Quake and the oil monetisation activity in Andhra Pradesh.
Senior Manager

Cooperative Development Foundation

(Non-Profit Organization Management industry)

May 1990 — October 1998 (8 years 6 months)

CDF is an advocacy organisation for creating an environment which enables cooperatives to flourish. The land mark parallel cooperative Act – the AP MACS Act, 1995 was enacted due to its efforts. It also had a strong field based program to substantiate its advocacy efforts. Worked in various capacities (joined as Development Officer in 1990 and last office held was that of Senior Manager.) Performed the responsibilities of a COO since 1994. Was responsible for overall management of CDF and responsible for the software part in the micro finance program (40,000 women and 20,000 men) and agriculture farmers’ cooperatives. Was responsible for promoting best practices in the 100+ thrift cooperatives promoted by CDF, in addition to systems setting and product development. Played a key role in promoting the thrift cooperatives as member-based, viable, sustainable and replicable organisations. Lead the research and training initiatives for propagating the thrift cooperative methodology.

LB Prakash’s Education

IRMA

Post Graduate Diploma in Rural Management , Finance, Marketing, Rural Development , 1988 — 1990

Activities and Societies:

Was the Mess Committee member and learnt my practical management (and COO) skills by managing the mess. Reduced the mess bill by about Rs60/- per student per month (from Rs 400+ to Rs350+), when the students decided to manage the mess. Was popularly known as the MessCom.
Osmania University

Engineering , Mechanical , 1984 — 1988