How do microfinance institutions lend money to low-income persons, get repaid, and cover their costs in the process? In fact, there are a variety of different strategies to overcome the major microlending challenges depending on the local environment and the targeted market segment.
This course will compare solidarity group, village banking, individual microlending and other microcredit technologies to explore how they work and the circumstances in which they work best. It will also examine the challenges inherent in delivering multiple loan products through different methodologies.
Pre-requisites:
An interest in microcredit methodologies. Ability to understand and speak English. A willingness to participate. There isn't any mandatory reading before the course.
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