Course Objective:
Microcredit and microfinance have changed the lives of people and revitalized communities in the world’s poorest and also the richest countries. We have seen the enormous power that access to even modest financial services can bring people. With access to a range of financial tools, families can invest according to their own priorities — IGAs, school fees, health care, business, nutrition or housing. The objective of the course is to build inclusive financial sectors and strengthen the powerful, but often untapped, entrepreneurial spirit existing in impoverished communities.
Target Audience:
Microfinance Course is designed for mid-level or beginners in Microfinance, Credit Supervisors, Credit officers, Micro credit managers of Microfinance Institutes.
Course Contents:
- Difference between microfinance and microcredit
- Social and business approaches to microfinance (differences between Social and business approaches and objectives)
- What is an inclusive financial sector?
- How do financial services help poor and low-income people?
- How can poor people afford such high interest rates?
- Why is microfinance so important for women?
- When is microcredit NOT appropriate?
- Microfinance in Micro entrepreneur’s development
- What is a micro-enterprise?
- What is Savings?
- What are Remittances?
- What is Micro-insurance?
- What is Unbanked?
