Even today, most of the poor in general and women in particular have not yet become main stream recipients in financial institutions. The formal credit institutions are less than forthcoming in offering loans to this disadvantaged section of the society in rural and poor urban areas who have no collateral to pledge. Besides, bankers are apprehensive of the future of such business creation.

Micro credit is usually defined as direct lending to the poor, usually informally, to enable them to either establish or expand their micro enterprises/businesses. Young people generally possess tremendous entrepreneurial and creative skills and they should be assisted to develop their potential. In the developing world, micro entrepreneurs hardly have any access to credit and technical assistance to exploit their potential. Several programs around the world, both small and large, have demonstrated the feasibility of micro credit assistance to such tiny economic activities.

Recognizing that productive employment is the key to combat poverty and social marginalization, GOs and NGOs have taken the initiative to provide credit and other facilities to youth through programs of thrift promotion and formation of credit groups. However, the demand for micro credit far exceeds the supply and many organizations are yet unaware of the credit schemes for sustainable micro enterprises.

ICECD has offered INR 10 million to more than 10,000 men/women as micro credit support achieving highly successful results. Based on these experiences, ICECD has designed and conducted a number of training programs for agencies engaged in credit management. 225 national and 104 international agencies have benefitted from these programs and the same is being offered to the international community this year. The end result is expected to be increased flow of credit to the poor.

The purpose of the course is to provide the much needed platform to share experiences amongst policy makers, bankers, and enterprise development agencies to evolve need based credit schemes for micro entrepreneurs’ development.

  • To identify and understand the credit needs of different strata of the society so that relevant schemes can be evolved
  • To appraise the credit needs of micro businesses and to design an appropriate mechanism for satisfying these needs.
  • To work out the means for effective credit delivery and recovery
  • To formulate strategies which would increase the flow of credit to the poor and ensure sustainability
  • To evolve a monitoring system for proper utilization of finance

The course provides a much needed platform to share experiences and thereby evolve need based credit schemes for economic empowerment of youth.

The program has been designed to include the following modules:

  • Youth and Small & Micro Enterprises (SMEs)
  • Development economics, micro enterprise creation and social reconstruction
  • Sources of funds for Financing Micro/Small Enterprises
  • Capability Building for Micro/Small Enterprise initiation and Management Development System
  • Capability Building for Credit Delivery and recovery: the Management aspects
  • Action Plan

Participants shall be able to learn:

  • How to assess credit needs and develop need based micro credit projects and proper utilization of the same
  • Effective tools/techniques for credit appraisal, credit recovery and adopting the same for their country
  • To be able to transact business with Government/Bank officials/Micro credit organizations
  • To identify the source of credit and mobilize them as per the need
  • To prepare and develop communities to use micro finance for productive activities

This course will particularly benefit:

  • Those responsible for designing micro credit programs, implementing and evaluating them, and coordinating external support or other assistance
  • Government agencies/policy makers who are responsible for evolving suitable credit schemes for women’s economic development
  • NGOs, research institutions, public bodies and multilateral and bilateral donor organizations supporting micro credit schemes
  • Commercial banks, financial institutions dealing with credit schemes
  • Community leaders, Donors, Agency representatives
  • Duration: 1 Week
  • Fees: US $450

E-1/41, Sterling City,
Bopal, Ahmedabad – 380 058 
Gujarat, INDIA

Phone No: 0-9909009770 -1 

Website: www.icecd.org

Email: icecd2008@gmail.com, icecdindia@gmail.com