FNCE-4832 (3) Microfinance

In the last two decades, microfinance initiatives have provided the primary worldwide impetus to promote economic independence for the poor (1.4 billion). Microfinance seminar links the financial markets with entrepreneurship to create a platform for building a microfinance institution that facilitates financial inclusion to the poor. The students in a semester long project build a hypothetical financial institution that provides access to credit, saving, insurance and more to a segmented poor population, somewhere in the world including the U.S. Restricted to Business majors with 52-180 units completed. CESR 4010 and FNCE 4832 are the same course. Prerequisites: Restricted to Business majors with 52-180 units completed.