Microfinance: Driving Inclusive Growth and Sustainable Development

Offered by the State Bank of India

Course Description

Dive into the world of microfinance with this comprehensive course that explores the ecosystem, impact, and sustainable business models of this powerful financial tool. This introductory-level course is designed to provide students with a thorough understanding of how microfinance interventions can drive inclusive growth, alleviate poverty, and contribute to the achievement of Sustainable Development Goals.

What students will learn

  • Evolution and scope of microfinance, including emerging trends
  • The microfinance ecosystem, including the roles of government, regulators, banks, and MFIs
  • Sustainable business models in Asian and African countries for creating livelihoods
  • Risk management practices in microfinance institutions
  • Impact of microfinance on poverty alleviation, inclusive growth, and Sustainable Development Goals
  • How to apply microfinance models to create impact for marginalized and vulnerable populations

Prerequisites

  • Basic understanding of financing and familiarity with banking concepts
  • Interest in creating impact on livelihoods
  • Familiarity with basic microfinance concepts

Course Coverage

  • Background of microcredit and microfinance
  • Government initiatives, policies, and regulatory frameworks
  • Successful business models in Asian and African countries
  • Risk identification, assessment, and mitigation in microfinance
  • Impact of microfinance on achieving Sustainable Development Goals
  • Emerging trends in the microfinance sector

Who this course is for

This course is ideal for students, professionals, and anyone interested in:

  • Economic development and inclusive growth
  • Poverty alleviation strategies
  • Sustainable business models
  • Financing micro-enterprises and livelihood activities
  • Empowerment of women through financial inclusion
  • Achieving Sustainable Development Goals

Real-world applications

Graduates of this course will be equipped to:

  1. Develop sustainable microfinance business models
  2. Implement risk management practices in microfinance institutions
  3. Design effective poverty alleviation strategies using microfinance
  4. Contribute to economic development initiatives in developing countries
  5. Create impactful livelihood finance programs
  6. Assess and improve existing microfinance ecosystems
  7. Align microfinance initiatives with Sustainable Development Goals

Syllabus

Week 1:

  • Background of microcredit and microfinance
  • Impact of microfinance
  • Emerging trends in microfinance

Week 2:

  • Government initiatives and policies
  • Regulatory frameworks
  • Organizations promoting microfinance in Asian and African countries

Week 3:

  • Successful business models in Asian and African countries
  • Financing livelihoods for different segments of society

Week 4:

  • Overview of risk: causative factors and impact
  • Risk management in microfinance: identification, assessment, and mitigation
  • Use cases in risk management

Week 5:

  • Impact of microfinance on achieving Sustainable Development Goals
  • Overall economic development and inclusive growth

By enrolling in this course, you'll gain valuable insights into the microfinance ecosystem, learn about sustainable business models, and understand how microfinance can be leveraged to create lasting impact on livelihoods and contribute to inclusive growth. Don't miss this opportunity to expand your knowledge and skills in this critical area of economic development and social impact.