Microfinance Principles - Summer School

The Program Microfinance is an influential and fast-growing field in economic development. It has a record of success in promoting financial resilience, reaching the excluded, empowering women and developing the capacity of small groups of people to take control of their own lives. The program would allow microfinance staff to develop the practical skills necessary to improve the performance of their organisation. As microfinance markets grow more mature and competitive microfinance managers must be equipped with an up to date knowledge and tools to strengthen their microfinance institutions and be able to cope with the challenges of growth, complexity and competition. The Summer Academy is designed to provide a comprehensive programme for microfinance practitioners. We put strong emphasis on combining both microfinance excellence with the experience and know-how of the traditional financial sector. The intensive training programme prepares the microfinance practitioners for the challenges of serving microfinance clients in changing and increasingly competitive environment. In a nutshell, our summer academy is a perfect opportunity to give you a high quality technical knowledge, build up a worldwide network and share your practical experience. Faculty The programme will be taught by experts who have the knowledge and ability to bring the most up-to-date research to the attention of professionals. Two training consultants would be attached to deliver this training. English proficiency The teaching programme assumes that participants will be fluent in English. Cost The cost for this training is £1000.00. • Tuition - £750.00 • Accommodation (3 days) - £250.00 There are a number of Foundations that may be able to provide grant funding to eligible institutions in Asia, Africa, Latin America, Far East etc. Certificate in Microfinance Delegates who are interested in completing the certification program in Microfinance would have to complete a practical project that will be assessed by Guglielmo Marconi University. COURSE CONTENT 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