In case of conflicting information consider the Sisu/Courses/Moodle pages the primary source of information.

The course covers the key topics in microfinance and is organised in four major parts. The first part of the course will cover issues important for understanding different microfinance markets. The second part of the course will assess financial and social performance of microfinance institutions. Student will apply tools used in practice by analysts or microfinance managers. In the third part, policies to build inclusive financial systems will be examined. Topics in this part include financial sector policies in general and microfinance regulation and supervision in particular. In the fourth part, we will cover the financing issues and commercialization of microfinance. Particular emphasis will be given to microfinance mission drift, market saturation and competition as well as over-indebtedness and repayment crises in different microfinance markets.

  • Completion method: contact teaching
  • Language: English
  • Schedule: can be found in Course Page and Sisu
  • Study materials: can be found in Moodle
    • A link and a Moodle course key will be sent by email before the course starts and/or they will be provided on the Courses page: you can view the information on this site without logging in or registering, but some of the content added by teachers to course pages may be available to course participants only, for example Moodle course enrolment key.
    • Log in with your UH username to be able to use all the features of the course workspace

Please register for the course in the UH Sisu with your UH username. Further instructions (link to be added here later).

    • Code: no equivalent code
    • Target groups: BSc
    • Credit points: 5
    • Credit transfer: apply for inclusion in Sisu

    Further information (link to be added here later)

    • Code: no equivalent code
    • Target groups: BSc
    • Credit points: 5
    • Credit transfer: apply for inclusion in Sisu

    Further instructions (link to be added here later)

    • Code: ECOK-278
    • Target groups: BSc
    • Credit points: 5

After completing the course students should be able to understand the main features of microfinance and how it works if credit markets fail. Students should be able to analyse theoretical perspectives and debates on microfinance to practice and policy situations, evaluate the impacts of microfinance and identify the implications of commercialisation and mission drift in microfinance. Students will also gain the skills required for completing other courses in economics in general and development economics in particular.