Financial Modelling for Social Enterprise (FMS 607)

Financial Modelling for Social Enterprise


This programme explores the successes and limitations of microfinance as an economic development strategy. The focus will be on the role of microfinance in international poverty alleviation efforts. We will explore the history and evolution of the field from both  theoretical and practical perspectives, while the roles played by various constituencies (e.g., clients, policy makers, donors, investors, etc.) will be examined; emphasis will be on the perspective of practitioners and the challenges of managing a (double bottom line) institution.


Learning Mode


Study Level

Certificate Course


7 days

Course Delivery


Start Date

22nd September, 2020


£300 per module




Students in this course will be exposed to how microfinance institutions provide financial services to the poor. Financial services include credit, savings, and insurance. This course explores the role of microfinance in economic development. It will discuss how poor people in poor countries use financial services, such as credit and savings; the history and practice of delivering such services; what is known about their contribution to development; and how stories and statistical studies shape public perceptions of microfinance.
The definition of who is poor varies by country and region, but largely includes those who work within the informal economy in developing countries. This course introduces students to the practices of microfinance institutions in a variety of developing countries, including: India, Mexico, Bolivia, Samoa, and Haiti.
It defines the wide variety of practices and governance structure of these organisations, and the issues they confront. The course focuses on two major issues: impacts of microfinance on the well-being of clients, and the problems confronting managers of microfinance institutions.


Courses Curriculum

Module 1

Microfinance as an economic development strategy

Module 2

History and evolution of economic development inequity and policy across nations

Module 3

History of the practice of delivering financial services and microfinance

Module 4

Role of microfinance in economic development and international poverty alleviation efforts

Module 5

Challenges of managing microfinance institutions

Module 6

Successes and limitations of microfinance in economic development

Module 7

Roles of stakeholders in microfinance operations (i.e., clients, policy makers, donors, investors, etc.)

Module 8

How microfinance institutions provide financial services

Module 9

Governance structure and management of microfinance institutions

Module 10

Cases of statistical reports on microfinance and public perception

Module 11

Use and practices of microfinance institutions in developing countries: case reports

Module 12

Impacts of microfinance on the well-being of clients

Module 13

Problems confronting management of microfinance institutions in developing countries

Module 14

The lifecycle of social enterprise financing

Module 15

Analysis and evaluation of microfinance

Key Benefit

Teaching Outcomes

After studying this course, students should be able to:

Teaching Methods

The Teaching Methods For This Course Include:

Fees and funding

Level 1


Level 2


Please submit your application at least two weeks prior to the programme start date. Since qualified candidates are admitted on a rolling, space-available basis, early application is encouraged. Admission is selective and based on professional achievement and organisational responsibility. Although there are no formal educational requirements, proficiency in written and spoken English is essential. LSSE expects the full commitment of the participant and their organisation because our programmes enhance the leadership capacity of the participant as well as their organisation. While participants are attending a programme, sponsoring organisations agree to relieve them of their work responsibilities so that they can fully focus on the learning experience.
This course is accredited and, to be awarded credit, you must satisfactorily complete written components. Successful students will receive credit, awarded by the Board of Studies of London School of Social Enterprise and International Affiliates. The award will take the form of an Advanced Certificate. Exceptional students will be recognised.