Class Meeting Days |
Topics
(PP refers to Portfolios of the Poor by Collins, Morduch, Rutherford and Ruthven) |
Assignment/Project Deadlines
(AM refers to The Economics of Microfinance by Armendariz and Morduch)
For Reading Assignments by Topic, click here.
|
Class 1
January 23
|
Rethinking Banking: An Introduction to Microfinance (Slides) |
|
Class 2
January 30
|
Why Intervene in Credit Markets?
Rationales for Intervention, Introduction to Agency Problems and Adverse Selection (Slides for Adverse Selection)
(Slides for ROSCAs, Chapter 3)
Notes for Adverse Selection (on Blackboard)
Notes for Moral Hazard (on Blackboard)
|
|
Class 3
February 6
|
Group Lending
The Grameen Approach; how it solves the agency and adverse selection problems.
(Slides for Moral Hazard, Chapter 4)
Guest Speaker: Archana Shah
|
AM 2 problems due (can be done in group) |
Class 4
February 13
|
Beyond Group Lending
Issues with group lending and potential solutions with more dynamic approaches
Group Presentation: PP (Chap 2: The Daily Grind) (Slides for Beyond Group Lending) |
AM Chapter 4 problems due
Hand in your MFI choice for the MFI project |
Class 5
February 20
|
Beyond Microcredit
Microfinance is more than microcredit; banking the unbanked
Group Presentation: PP (Chap 3: Dealing with Risk)
(Slides for Beyond Microcredit) |
AM Chapter 5 problems due
|
Class 6
February 27
|
Women and Microfinance
Guest Lecturer: Danielle Leblanc, Grameen America
(Slides on Women and Microfinance) |
|
Class 7
March 6
|
Measuring Impacts
Group Presentation: PP (Chap 4: Building Blocks)
(Slides on Measuring Impacts)
|
Meet with a Writing Center person at least once before this date |
Class 8
March 13
|
Funding Microfinance
Group Assignment: Compartamos
Group Presentation: PP (Chap 5: The Price of Money)
Crowd financing (the Kiva model), equity (Accion), mivs |
Turn in group report on the Banco Compartamos IPO before class
|
Class 9
March 20
|
Midterm |
First draft of MFI Report due |
Class 10
April 3
|
Commercialization and Regulation
The Grameen versus the SKS model
Microfinance and Social Justice
Guest Lecturer: Sulin Lau, Kiva Zip
|
MFI Report returned with comments
|
Class 11
April 10
|
Managing Microfinance
Evaluating Microfinance organizations
Guest Lecturer: Mr. von Stauffenberg
(slides) |
Final version of MFI Report due April |
Class 12
April 17
|
Impact Investing
Social Investing, social entrepreneurship, social stock markets
Ms. Kesha Cash, Jalia Ventures (Slides) |
|
Class 13
April 24
|
Frontiers of Microfinance
Microfinance in the US
Jobs in Microfinance
Jennifer Thomson, Independent Consultant |
Take-home final due April 22 |
Class 14
May 1
|
No class |
|