Course Outline

Module 1: Introductory Microfinance

• 1.1     Introduction
• 1.2     The nature of Microfinance
• 1.3     The demand for microfinance
• 1.4     The supply of microfinance
• 1.5     Products and services in microfinance
• 1.6     A new Taxonomy in Microfinance
• 1.7     Microfinance and ethical finance
• 1.8     Course work

Module 2 – Product and Services in Modern Microfinance

• 2.1     Introduction
• 2.2     Financial Services
• 2.3     Product Development process
• 2.4     Non Financial Services
• 2.5     New frontiers in microfinance Services
• 2.6     Course work

Module 3 – The main Features of MicroCredit

• 3.1     Introduction
• 3.2     The screening of Beneficiaries
• 3.3     The nature of finance Assets
• 3.4     Distinguishing features of microcredit
• 3.5     Collateral Policies
• 3.6     Interest rates in Microcredit
• 3.7      Course Work

Module 4 – Sustainability and Outreach

• 4.1     Introduction
• 4.2     Sustainability and Outreach
• 4.3     Sustainability –how to reach it
• 4.4     Outreach – How to select the beneficiaries
• 4.5     The microfinance Dilemma
• 4.6     The policies for improving sustainability
• 4.7     Course work

Module 5 – Risk Management in Microfinance

• 5.1     Introduction
• 5.2     Risks in Microfinance
• 5.3     The Business Risk
• 5.4     Financial Risks
• 5.5     Process Risks
• 5.6     Course work

Module 6 – Monitoring the Microfinance Processes

• 6.1     Introduction
• 6.2     Reasons for a process approach
• 6.3     Microfinance Processes
• 6.4     The process of microcredit
• 6.5     Process related risks
• 6.6     Control Typologies
• 6.7     The incentive system
• 6.8     Course Work

Module 7 Microfinance Performance

• 7.1     Introduction
• 7.2     Performance Analysis
• 7.3     Performance Evaluation Model for a Microfinance Project
• 7.4     Performance Evaluation models for MFI
• 7.5     Course Work

Module 8 – The Role of Regulation

• 8.1     Introduction
• 8.2     Regulation, supervision and Microfinance
• 8.3     Determinants for regulating microfinance
• 8.4     Key variables for microfinance regulation
• 8.5     Which instrument to adopt
• 8.6     Course work

Module 9 – Final Project