Microfinance in Global Business Development (3)
Course Level: Undergraduate/Graduate
This course provides students with an introduction and overview of the microfinance field. It covers the history and evolution of microfinance, the characteristics of microenterprises, application of financial sector development concepts to microfinance; tools for measuring poverty and impact of microfinance services; financial and technical assessment tools for measuring financial and managerial performance of microfinance institutions, the sources of equity and debt financing for microfinance; and new players in microfinance. Prerequisite: IBUS-300 and FIN-365, or IBUS-618 and FIN-614, or permission of the instructor.