Unit I: Introduction to Microfinance 6 hours
Concept and meaning of microfinance; history of microfinance; need of microfinance; key
principles of microfinance; microfinance client; microfinance products: microcredit, micro
saving, micro insurance, payment and transfers; and distinction between traditional financing
and micro financing.
Unit II: Micro Entrepreneur and Microfinance 6 hours
Concept and importance of micro enterprises and entrepreneurs; business plan for micro
enterprises, preparation of business plan.
Unit III: Microfinance Credit Lending Models 6 hours
Individual lending model; Grameen Bank solidarity lending model; village banking model;
cooperative model; self-help group model; rotating savings and credit association, and
lending models in Nepal: wholesale lending – RSRF and RMDC, retail lending.
Unit IV: Microfinance Institutions 6 hours
Objectives of the microfinance institutions; importance of microfinance institutions;
attributes of a good microfinance institutions; institutional types; formal financial institutions;
semiformal financial institutions; and informal financial providers.
Unit V: Microfinance and Development 4 hours
Microfinance and women empowerment; microfinance and health; microfinance and
microenterprise development; microfinance and education; microfinance and networking;
micro insurance policies and practices; and challenges and way outs.
Unit VI: Microfinance in Nepal 8 hours
National microcredit policy; poverty and microfinance in Nepal; development of
microfinance sector in Nepal; preview of microfinance models in Nepal; and critical elements
of success in Nepal's micro financing.
unit VI: Regulations of Microfinance Institutions 6 hours
Need for regulation; regulations of microfinance industry and small enterprises: registration,
operation and reporting; regulating authorities; and relevant acts and byelaws.
Unit VII: Processes and Interest Rates for Microfinance 6 hours
Sources and process of microfinance; Challenges and difficulties in the process; Cost of
finance: interest rate, subsidy schemes and plans, transaction costs for micro entrepreneurs,
challenges in costs and interest rate, and way outs.