CCP Paper 1 Credit Management

UNIT DESCRIPTION

The paper is intended to introduce the candidate to the credit profession, equip the candidate with practical skills and knowledge required to manage the credit cycle for trade credit providers and financial institutions.

LEARNING OUTCOMES

A candidate who passes this paper should be able to:

• Assess and evaluate credit/lending proposals and advise credit applicants on various credit products
• Create, maintain and update debtors’ profiles and keep proper records in the credit function
• Implement credit guidelines and procedures for the complete credit cycle
• Monitor outstanding debts for conformity with the set-out terms and conditions
• Analyze credit extension by various providers; banks, saccos, microfinance institutions, insurance companies and non-financial entities (locally and internationally)