Certificate in Microfinance and Entrepreneurship

Description

Course Name: Certificate in Microfinance and Entrepreneurship

Course Id: CME/Q1001.

Eligibility: 10th Grade (high School) or Equivalent.

Duration: Two Month.

Objective: The Certificate in Microfinance and Entrepreneurship is a short-term program designed to provide individuals with the knowledge and skills to understand microfinance systems and promote entrepreneurial activities. It is particularly relevant for those interested in fostering financial inclusion, supporting small-scale businesses, and driving economic development in underserved communities.

 How to Enroll and Get Certified in Your Chosen Course:

 Step 1: Choose the course you wish to get certified in.

 Step 2: Click on the “Enroll Now” button.

 Step 3: Proceed with the enrollment process.

 Step 4: Enter your billing details and continue to course fee payment.

 Step 5: You will be redirected to the payment gateway. Pay the course and exam fee using one of the following methods:
Debit/Credit Card, Wallet, Paytm, Net Banking, UPI, or Google Pay.

 Step 6: After successful payment, you will receive your study material login ID and password via email within 48 hours of fee payment.

 Step 7: Once you complete the course, take the online examination.

 Step 8: Upon passing the examination, you will receive:
• A soft copy (scanned) of your certificate via email within 7 days of examination.
• A hard copy (original with official seal and signature) sent to your address within 45 day of declaration of result.

 Step 9: After certification, you will be offered job opportunities aligned with your area of interest.

Online Examination Detail:

Duration- 60 minutes.
No. of Questions- 30. (Multiple Choice Questions).
Maximum Marks- 100, Passing Marks- 40%.
There is no negative marking in this module.

Marking System:
S.No.	No. of Questions			Marks Each Question		Total Marks
1	10			5		50
2	5			4		20
3	5			3		15
4	5			2		10
5	5			1		5
	30					100
How Students will be Graded:
S.No.		Marks	Grade
1		91-100	O (Outstanding)
2		81-90	A+ (Excellent)
3		71-80	A (Very Good)
4		61-70	B (Good)
5		51-60	C (Average)
6		40-50	P (Pass)
7		0-40	F (Fail)

 Key Benefits of Certification- Earning a professional certification not only validates your skills but also enhances your employability. Here are the major benefits you gain:

 Practical, Job-Ready Skills – Our certifications are designed to equip you with real-world, hands-on skills that match current industry demands — helping you become employment-ready from day one.

 Lifetime Validity – Your certification is valid for a lifetime — no renewals or expirations. It serves as a permanent proof of your skills and training.

 Lifetime Certificate Verification – Employers and institutions can verify your certification anytime through a secure and reliable verification system — adding credibility to your qualifications.

 Industry-Aligned Certification –All certifications are developed in consultation with industry experts to ensure that what you learn is current, relevant, and aligned with market needs.

 Preferred by Employers – Candidates from ISO-certified institutes are often prioritized by recruiters due to their exposure to standardized, high-quality training.

 Free Job Assistance Based on Your Career Interests – Receive personalized job assistance and career guidance in your preferred domain, helping you land the right role faster.

Syllabus:

Introduction to Microfinance: Definition and scope of microfinance, Evolution and history of microfinance, Role of microfinance in economic development, Microfinance institutions (MFIs) and their models, Differences between microfinance and traditional banking, Financial inclusion and poverty alleviation, Microfinance regulations and policies, Role of NGOs in microfinance, Challenges and risks in microfinance, Future trends in microfinance.

Microfinance Products and Services: Types of microfinance products, Microcredit and loan structures, Micro-savings and deposit schemes, Micro-insurance and risk management, Remittances and payment services, Group lending and self-help groups (SHGs), Digital microfinance solutions, Social impact investing in microfinance, Interest rates and repayment models, Case studies on successful microfinance programs.

Entrepreneurship and Small Business Development: Definition and importance of entrepreneurship, Characteristics of a successful entrepreneur, Identifying business opportunities, Business planning and strategy, Micro-business models and scalability, Funding options for small businesses, Risk management in entrepreneurship, Marketing strategies for micro-businesses, Technology adoption in small enterprises, Case studies on successful micro-entrepreneurs.

Financial Management for Entrepreneurs: Basic accounting principles, Financial statements and cash flow management, Budgeting and financial planning, Managing business expenses, Understanding credit and loans, Pricing strategies for small businesses, Profitability and sustainability, Taxation and legal compliance, Financial record-keeping, Tools for financial decision-making.

Credit Assessment and Loan Management: Principles of credit assessment, Loan application and approval process, Credit scoring and risk evaluation, Collateral and guarantee requirements, Loan repayment structures, Monitoring and recovery of loans, Dealing with loan defaults and delinquency, Role of credit bureaus in microfinance, Best practices in loan management, Case studies on effective lending strategies.

Group Lending and Self-Help Groups (SHGs): Concept of group lending, Benefits and challenges of SHGs, Formation and management of SHGs, Role of peer pressure in loan repayment, Savings and credit linkage programs, Government initiatives for SHGs, Capacity building and skill development for SHGs, Financial literacy for group members, Digital platforms for group financing, Case studies on successful SHGs.

After successful completion of the Certificate in Microfinance and Entrepreneurship program, graduates gain practical knowledge in microcredit systems, rural banking, financial inclusion, SHGs (Self-Help Groups), small business development, and entrepreneurial finance. This makes them job-ready for roles in NBFCs, microfinance institutions, rural banks, NGOs, and self-employment ventures.

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🎓 Career Options After Certificate in Microfinance and Entrepreneurship

1. Microfinance Executive / Loan Officer

• Role: Disburse small loans to individuals, SHGs, or rural entrepreneurs; manage repayment collection and customer records.

• Salary Range: ₹2.5 – ₹5.5 LPA

2. Self-Help Group (SHG) Coordinator

• Role: Organize and guide SHGs, help with bank linkages, capacity-building training, and income-generating activities.

• Salary Range: ₹2.2 – ₹5 LPA

3. Field Officer – Microcredit Institutions

• Role: Survey, screen, and monitor borrowers in rural/urban low-income areas under microfinance programs.

• Salary Range: ₹2 – ₹4.5 LPA

4. Entrepreneur / Small Business Owner

• Role: Use acquired skills to launch your own business in areas like food processing, tailoring, agri-business, retail, etc.

• Earning Potential: ₹15,000 – ₹1 lakh+/month (depending on venture type)

5. Microfinance Customer Relationship Officer

• Role: Support customers with loan applications, repayment plans, and financial literacy education.

• Salary Range: ₹2.8 – ₹5.8 LPA

6. NGO Project Assistant – Livelihood Programs

• Role: Implement microenterprise development programs, financial empowerment of women, and skill-based entrepreneurship training.

• Salary Range: ₹2.5 – ₹6 LPA

7. Rural Finance Facilitator (Banks & NGOs)

• Role: Act as a liaison between rural populations and banks for credit schemes, KYC documentation, and digital payments.

• Salary Range: ₹2.5 – ₹5 LPA

8. MIS/Data Entry Executive – Microfinance Institutions

• Role: Maintain borrower databases, loan schedules, and field reports using specialized MIS software.

• Salary Range: ₹2 – ₹4.2 LPA

9. Microenterprise Development Officer (MEDO)

• Role: Train small-scale entrepreneurs in product development, pricing, marketing, and bookkeeping.

• Salary Range: ₹3 – ₹6.5 LPA

10. Financial Literacy Trainer / Consultant

• Role: Conduct awareness sessions on budgeting, savings, credit use, and government financial schemes.

• Earning Potential: ₹15,000 – ₹50,000+/month (freelance/project-based)

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🧠 Key Skills Acquired

• Microcredit models (SHG-Bank Linkage, Grameen, JLGs)

• Entrepreneurial planning and small business management

• Financial inclusion tools and schemes (PMMY, MUDRA, PMEGP)

• Group formation and income generation activities

• Loan portfolio management and recovery strategies

• Budgeting, bookkeeping, and marketing basics for microbusinesses

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🏢 Industries Hiring Graduates

• Microfinance Institutions (MFIs) – like SKS, Ujjivan, Spandana, Bandhan

• Non-Banking Financial Companies (NBFCs) – dealing in small loans and rural credit

• NGOs and SHG Federations – working on rural livelihood and women empowerment

• Government and Semi-Government Projects – NRLM, DAY-NULM, MUDRA Yojana, PMEGP

• Small Banks and Regional Rural Banks (RRBs)

• Skill Development & Livelihood Missions (DDU-GKY, PMKVY)

• Startup Incubators / Entrepreneurship Cells

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📈 Career Growth Path