Learning Outcome |
Learning Outcome Code |
Compulsory/Elective |
Duration (Hours) |
Demonstrate the nature and principles of microfinance, including the characteristics of microfinance institutions, the principles that guide their operations and the impact of microfinance in promoting financial inclusion and women empowerment. |
BFI/0504/OC1 |
Compulsory |
30 |
Describe Microfinance products and the sources of microfinance customers, including the types of financial products offered by microfinance institutions and the characteristics of the target customer segments. |
BFI/0504/OC2 |
Compulsory |
60 |
Develop the skills of the application process for microfinance products and the significance of KYC requirements in establishing customer identity and managing risk. |
BFI/0504/OC3 |
Compulsory |
30 |
Explain microfinance loan processes, including loan disbursement, collection of receivables, and effective follow-up techniques to ensure timely repayments and minimize default risks. |
BFI/0504/OC4 |
Compulsory |
60 |
Develop the skill in alternative microfinance products and their significance in promoting financial inclusion and socioeconomic development. |
BFI/0504/OC5 |
Compulsory |
30 |
Organize record maintenance practices, including accounts management and the importance of data integrity in microfinance operations to ensure accurate financial reporting, regulatory compliance and data security. |
BFI/0504/OC6 |
Compulsory |
60 |
OJT |
BFI/0504/OC7 |
Compulsory |
60 |
Employability Skill |
DGT/VSQ/N0102 |
Compulsory |
60 |