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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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