MICROFINANCE IN EMERGING MARKETS: LESSONS FROM LIMA, PERU
The aim of this course is to present the basic concepts related to microfinance, its origins and evolution, analyzing the successful Peruvian experience. The class will also analze and compre the main Latin American microfinance models and try to find the main reasons why the Peruvian model has succeeded. It will review how Microfinance Institutions (MFIs) are organized and how they differ from the banking sector providing loans to micro-entrepreneurs. The class will present a detailed analysis of MFIs in Peru, the micro-business development and its impact on development and social inclusion. It will preset the products and instruments used and how Peruvian MFIs make them attractive and accessible to their clients while at the same time profitable, allowing them to create a self sustainable business model.
Learn more about the course on the syllabus!
Professors: Erick W. Rengifo, Darryl McLeod, Ramirez