BFN310MICRO CREDIT POLICIES AND INSTITUTION

BFN310 explores the structure, principles, and implementation of microcredit systems aimed at promoting financial inclusion and poverty alleviation. The course examines the origin and evolution of microfinance, focusing on the policies that support the development of microcredit schemes and the institutions that drive them. Students will study key players such as microfinance banks, cooperatives, NGOs, and development finance institutions, along with government and international support mechanisms.

Topics include credit appraisal techniques, loan structuring, risk mitigation strategies, and regulatory frameworks guiding microcredit operations. The course also evaluates the social and economic impacts of microcredit programs, particularly in developing economies. Through real-life case studies, students will gain practical insight into how microcredit institutions operate, the challenges they face, and how well-designed policies can promote entrepreneurship and sustainable development in underserved communities.