Credit management is all about monitoring and controlling the lending process to reduce the risk involved in lending. The lending process starts with a loan application and ends with loan recovery; therefore, the overall objective of the training will be to equip the loan committee members with the knowledge and skills needed for credit management. Specifically, the objectives will be:

• Review the lending policies and procedures
• To discuss the agriculture lending processes and procedures

Credit management is the process of handling credit responsibly to minimize risk and ensure timely payments. For individuals, it involves maintaining good credit by paying bills on time and managing debt.

For businesses, it includes evaluating customer credit, setting terms, and collecting payments. In banking, it focuses on assessing loan risk and ensuring borrowers repay on time.