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MICROFINANCE AND SOCIAL ENTERPRISE


              EIC2003         MICROFINANCE AND SOCIAL ENTERPRISE
              3 Credits

              Pre-requisite   None

              Learning        At the end of the course, the students are able to:
              Outcomes
                              1. describe the concept of poverty and rural development;
                              2. analyse the relationship between capital and economic development;
                              3. identify non-formal sector, non-formal credit, and social enterprise;
                              4. comprehend basic financial management in microcredit and prepare a projected
                                cash flow analysis of very small businesses; and
                              5. analyse the role of social enterprise in development.

              Synopsis        The course will discuss rural development theory and poverty problems in the rural
                              sector.  It  will  also  touched  the  relationship  between  capital  and  economic
                              development.  It will also identify the structure on non-formal economics and non-
                              formal credit.  Basic financial management technique for small businesses will also
                              be thought.

              References      1. Helms,  B.  (2006).  Access  for  all.  Building  inclusive  financial  system.
                                Washington, DC: World Bank
                              2. Ghate, P.B. ADB (1990). Informal Finance: Some Findings From Asia. Manila:
                                Economics and Development Resources Center.
                              3. Roth. J. (1997).The Limits of Micro Credit as a Rural Development Intervention.
                                University of Manchester.
                              4. Todaro,  M.P.  and  Smith,  S.C.  (2009).  Economic  Development,  (10
                                edition).Harlow: Addisson Wesley.

              Soft Skills     CS1, CS2, CS3
                              CT1, CT2, CT3
                              TS1, TS2
                              LL1, LL2

              Assessment      Continuous Assessment   : 40%
                              Final Examination             : 60%

















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