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IAP 2006 Activities by Sponsor

Urban Studies and Planning

Microfinance and Development
Bill Massaquoi, Team of Practitioners
Mon Jan 23 thru Fri Jan 27, 09am-02:00pm, 66-144

No limit but advance sign up required (see contact below)
Signup by: 20-Jan-2006
Participants requested to attend all sessions (non-series)

Like many of us, poor people need financial services-working capital, consumer loans, savings, etc, but they rarely have access to these services through the formal financial sector. High credit risk, high transactions cost, and unacceptable collateral are reasons why the formal financial sector has not traditionally dealt with poor people. But this picture has changed over the past 20 years. Indeed on every continent, there is a growing financial market for poor people. These services have come to be collectively known as microfinance. But just how does microfinance fit into the development tool box? This exciting IAP course will provide an intensive immersion into the field of microfinance and show how it fits into the development continuum.
Contact: Bill Massaquoi, billmass@mit.edu


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Last update: 30 September 2004