In the process of product development, the pilot-test is one of the most important steps and yet is one of the least well-implemented ones. This MicroSave toolkit was developed with Michael McCord and provides a user friendly guide to the critical pilot-testing process. It allows MFIs to design and implement pilot-tests in a controlled and scientific manner and includes spreadsheets to facilitate the performance projections for new products under testing.The Planning, Conducting and Monitoring Pilot-Tests for MFIs toolkit covers:
- Composing the Pilot Test Team
- Defining the Objectives
- Documenting the Product Definitions and Procedures
- Developing the Testing Protocol
- Modelling the Financial Projections
- Developing Customer Marketing Materials
- Installing/Instilling All Systems
- Training the Relevant Staff
- Commencing the Product Test
- Reviewing the Product as per the Protocol
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Related Documents
- India Focus Note 34: Risks and Challenges in Individual Lending
- Briefing Note 65 - Costs and Benefits of Pilot Testing for Product Development
- Briefing Note 24 - Lessons for Pilot Testing Financial Services-experience of MicroSave
- Pilot -Testing Savings - Toolkit
- Beyond Basic Credit and Savings: Developing New Financial Service Products for the Poor



















