Microfinance means different things to different people. Community based microfinance models, owned and governed by community members are critical for deeper financial inclusions. Models such as village savings and loans associations, self-help groups, financial cooperatives and credit unions not only provide financial services but also create community based ownership and collective empowerment. Participants will explore how these models support women’s empowerment, agriculture, livelihoods, value-chains and enterprises in rural and urban areas, and how innovating links with banks and mobile payment systems can reach millions that are outside formal banking system.
Scholarships are available through The MasterCard Foundation Microfinance Scholars Program for this certificate.