This learnership aims to equip learners with the tools to function effectively as microfinance officers in a Micro-Finance (MFI) whether they are already employed or wanting to be employed in the micro finance field.
Upon successful completion the learner will be competent to handle all aspects of the loan cycle from dealing
with an application, through processing the loan disbursement to handling repayments.

Qualifications

National Certificate in Micro Finance (SAQA ID: 23453)

Target Market

Employees already employed in, and those who wish to be employed in the Micro-Finance field

Entry Requirements

Communication, Mathematical Literacy and Computer Literacy at NQF L2

Objectives

At the end of this programme, the learner should be able to:
• Demonstrate an understanding of the target market
• Demonstrate understanding of employment relations in an organisation
• Calculate the repayment ability and assess the credit risk of potential clients
• Collect and manage loans
• Develop and implement credit policies, procedures and control systems
• Understand the legal, ethical and professional needs of the micro-finance industry
• Counsel customers in a micro-finance environment
• Recommend the financing decision and pay out the loan
• Understand Micro-Finance Business Principles
• Demonstrate the ability to communicate effectively
• Demonstrate the ability to calculate and solve numerical problems

Target Group

Employees already employed in, and those who wish to be employed in the Micro-Finance field