StudyPath

MED 111 Fundamentals of Microfinance

ND1 levelManagement & Administration18 topics

MED 111 covers 18 topics. StudyPath paces them into daily study sessions that finish before your exam date, with practice questions and worked answers for each one.

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Course outline

The topics this course covers, in teaching order.

  1. Concept of microfinance
  2. Evolution of microfinance
  3. Features of microfinance
  4. Theories of microfinance
  5. Modes of microfinance operation
  6. Financial inclusion issues
  7. Microcredit, microfinance and inclusive finance
  8. Stages and categories of microfinance banks
  9. Delivery mechanisms of microfinance
  10. Evolution and history of microfinance
  11. Origin of microfinance in Nigeria and Africa
  12. Elements and principles of microfinance
  13. Business management and mentorship in microfinance
  14. Microfinance as a social enterprise
  15. Modes of operation and triple bottom line
  16. Governance issues in microfinance
  17. Financial exclusion and financial inclusion
  18. Dimensions and challenges of financial inclusion

A sample from this course

One topic, as StudyPath teaches it.

Concept of microfinance

Microfinance is the provision of financial services—such as savings, credit, insurance, and remittance—to low‑income individuals and small enterprises that are typically excluded from mainstream banking. Mastering its core concepts—definition, purpose, target clientele, and the unique mechanisms that enable service delivery—helps students answer exam questions on the role of microfinance in poverty alleviation and…

What you get for MED 111