2014 Course Description

Contact the Sustainable Microenterprise and Development Program

E-mail: smdp.info@unh.edu
(603) 862-0764
Fax: (603) 862-3878

The Carsey Institute at the University of New Hampshire
Huddleston Hall
73 Main Street
Durham, NH 03824

Sustainable Microenterprise and Development Program - New Hampshire Certificate

2014 Course Description

smdp group at lake

The SMDP NH Certificate program will provide students with a far-reaching curriculum that encompasses historic and theoretical foundations of development finance interventions to help poor individuals and communities move out of extreme poverty. The course will look critically at what works, what doesn’t work, and how non-governmental organizations, government agencies, private donors, and the capital markets have all contributed to the success and failure of microenterprise development and microfinance. We will also explore the relatively new fields of social enterprise development.

The underlying theme of the certificate will be a livelihoods emphasis that seeks to build holistic solutions to the root causes of global poverty. Both U.S. and international cases and models will be explored, and many leaders of the field will join the classes as guest presenters throughout the two-week course. Students will earn a Certificate of Microenterprise Development from the Carsey Institute's Sustainable Microenterprise and Development Program (SMDP).

The goal of the SMDP NH Certificate is to give both new and experienced development practitioners a solid understanding of the wide range of options available in the development finance field. Students will critically explore which methodologies, strategies, products, services, organizational models, and movements have the greatest efficacy toward building dignity, assets, and financial and civil inclusion among the poor in less developed and more developed economies.

Who should participate: Mid- to upper-level managers of microfinance NGOS or banks, donors funding or exploring support for microfinance programs, microfinance regulators, other development field practitioners who wish to learn about microenterprise development, individuals who are new to the field, NGOs who wish to design and initiate microfinance, enterprise development and impact investment programs, employees of government agencies and programs who are promoting microfinance, business professionals interested in social entrepreneurship and impact investment, and students new to the field. There is an option to earn three master's-level academic credits (additional tuition fees will apply).

smdp glass group work

smdp class at brookford farm new hampshire

SMDP New Hampshire Certificate: 2014 Course Schedule

Morning SessionAfternoon Session
8:30 a.m. - 10:00 a.m. - Module 11:30 p.m. - 3:00 p.m. - Module 3
10:00 a.m. - 10:15 a.m. - Nutrition Break3:00 p.m. 3:15 p.m. - Nutrition Break
10:15 a.m. - 12:00 p.m. - Module 23:15 p.m. - 5:00 p.m. - Module 4

SMDP New Hampshire Certificate: Topics at a Glance

*Prior to arrival in New Hampshire - Students must complete an online precourse, administered by Malcolm Harper

Week One June 16 - June 20

Morning Session
Afternoon Session
Monday, June 16

 8:30 a.m. - 12:00 p.m.

1:30 p.m. - 5:00 p.m.

Faculty: Bill Maddocks and Malcolm Harper

  • Course Overview: Week 1 and Week 2;
  • Introduction to Livelihoods: the 5 capitals – natural, physical, human, social, and financial;
  • The Role that Financial Services Play in Economic Development.

Faculty: Candace Nelson

Guest Speakers: Daryl Collins, Sushmita Meka, Bankable Frontier Associates

Overview to Financial Ecosystem:

  • Core (supply/demand) and Supporting Functions.
  • Supply continuum

Financial Inclusion in 21st Century: The new goal

  • What FinScope studies reveal
  • Factors that can increase financial inclusion

A Focus on Clients: How the Poor Manage their Money

  • the ‘demand’ side of the Financial Ecosystem core
  • Portfolios of the Poor: India, Bangladesh, South Africa
  • The United States Financial Diaries Project
Tuesday, June 17  

8:30 a.m. - 12:00 p.m.

1:30 p.m. - 5:00 p.m.

Faculty: Malcolm Harper

Evolution of Microfinance:

  • From single to multiple products
  • The push to sustainability: single product, standardization, minimalist credit-only; rapid growth
  • Commercialization of MF
  • Competitive markets: the pros (e.g. better service, better pricing) and cons (e.g. aggressive lending; over indebtedness as clients borrow from multiple lenders) of competition)
  • Bank/MFI governance, internal controls, risk mgt.
  • Regulation; role of government and donors
  • Rating agencies, their role and their tools
  • Emerging crises (e.g. Andra Pradesh)

Faculty: Bill Maddocks and Malcolm Harper

Guest Speakers: Jeff Ashe, Carsey Institute Fellow and Vinod Parmeshwar, Oxfam America

Savings Services

  • Supply continuum from community-based to institutional
  • Savings as basis for financial intermediation
  • Cooperative/credit union movement
  • Self-Help groups in India
  • Savings Groups Oxfam America’s Savings for Change model
  • Savings Group Simulation
Wednesday, June 18

8:30 a.m. - 12:00 p.m.

1:30 p.m. - 5:00 p.m.

Faculty: Bill Maddocks

Guest Speaker: Jan Maes, Independent Microfinance Consultant

Reaching the Very Poor

  • Graduation Approaches
  • Conditional Cash Transfers
  • Clean Energy Options for the poor the story of Potential Energy and other solar and biomass alternatives

Faculty: Bill Maddocks

Guest Speaker: Joyce Lehman, Independent Microfinance Consultant

Branchless banking and the Digital Revolution

  • Agent networks
  • Mobile Network Operators
  • Experience to date: MPesa and everyone else
  • Gates Foundation strategy for MF?
  • Regulatory issues
  • Clients and branchless banking: uptake and usage

 * 7:00 p.m. - 8:30 p.m.

Responding to Community Finance Needs: A Global Perspective

Thursday, June 19

8:30 a.m. - 12:00 p.m.

 1:30 p.m. - 5:00 p.m.

Faculty: Bill Maddocks

Guest Speaker: Chuck Waterfield, Microfinance Transparency

Microfinance Transparency

  • Includes webinar from 10:30 -11:30 AM
  • What are reasonable Interest rates?
  • How MFT works with donors, regulators, networks and MFIs to bring transparent pricing to clients

Social Performance

Faculty: Candace Nelson and Bill Maddocks

Guest Speaker: Megan Gash, Freedom From Hunger

Financial Education

  • The case for Financial Education for and against
  • What does Financial Education look like -- Content and delivery
  • Exposure to Financial Education: a demonstration

Measuring Impact

  • An interview via videoconference with impact assessment expert
Friday, June 20

 8:30 a.m. - 12:00 p.m.

1:30 p.m. - 6:00 p.m.

Faculty: Bill Maddocks

Summing up: The Value of Microfinance for the Poor

Overview of some significant impact evaluations of microfinance. Doing no harm: How can we be sure microfinance is making a positive difference in poor people’s lives?

  • Student
  • Assign background reading (Roodman, Karlan, Dichter)
  • Class discussion to review readings; tie discussion into earlier presentations during week
  • Divide class into debate teams – pro and con
  • Give each team 1.5 hours to prepare their debate
  • Hold debate (depending on number's, might have two debates, four teams.)

Faculty: Bill Maddocks and Yusi Turell

Introduction to Social Enterprise

  • What is Social Enterprise and where does it fit within the spectrum of development methodologies?
  • What is the theory of change for SE?
  • Where does microfinance fit in (or not) as social enterprise?

Late afternoon field visit to historic seaport of Portsmouth, New Hampshire (3:30 p.m. - 6:00 p.m.)

Saturday, June 21

*All Day

Faculty: Bill Maddocks and Eileen Sipple

Field Visit to the White Mountains, Bretton Woods

  • Home of the IMF and the World Bank, waterfalls, vistas, a picnic and fun!
  • Leaving UNH at 8:30 a.m. returning by 5:00 p.m.
Sunday, June 22

Free Day

Week Two June 23 - June 27

Morning Session
Afternoon Session
Monday, June 23

 8:30 a.m. - 12:00 p.m.

1:30 p.m. - 5:00 p.m.

Faculty: Bill Maddocks

Guest Speakers: Ashoka Staff

Social Enterprise and the Social Entrepreneurs

Ashoka – The largest network of social entrepreneurs worldwide, with nearly 3,000 Ashoka Fellows in 70 countries putting their system changing ideas into practice on a global scale. Interview via videoconference.

Meet the social entrepreneurs by videoconference:

  • Jean Claude Rodriguez-Ferrera Massons – ACAF and Puddles

Faculty: Bill Maddocks

Guest Speaker: Paul Bradley

Continue Meet the social entrepreneurs

Resident Owned Communities - Building a new model of cooperative home ownership in New Hampshire and beyond

  • Developing Innovative Social Enterprise models
  • Class Exercise - Designing Sustainable Social Enterprises to Meet Community Needs
Tuesday, June 24

8:30 a.m. - 12:00 p.m.

1:30 p.m. - 5:00 p.m.

Faculty: Bill Maddocks

Guest Speaker: Rich Pelrine, Inspired International

Introduction to Value Chain Development

  • BDS versus Market Development Approaches
  • Making Markets Work for the Poor
  • Notable approaches to VCD

Agricultural Value Development and Finance in Sub-Saharan a virtual presentation by African based AG Finance expert

Faculty: Bill Maddocks

Guest Speakers: Dorn Cox, Executive Director of Green Start and Chris Keeley, Program Coordinator, Communities & Climate

How Resilient Farms and Communities Are Managing Climate Change and Building a Sustainable Economy

  • Linking global climate and economic trends to the fate of local farmers and fishers: A food systems approach.
  • How Green Start uses adaptive management to balance energy consumption and biological systems. Examples of community scale food and energy production will be demonstrated.
  • Exeter New Hampshire – A case study on municipal planning for climate change impacts, public participation, stakeholder engagement.
  • Through a simulation students will develop a climate change adaptation and mitigation plan.

Wrap up and Preparation for Sustainable Agriculture Field Visits

* 8:00 p.m. - 9:30 p.m.

Viewing of Brookford Almanac

  • Cinema verité documentary about first-generation farmers Luke and Catarina Mahoney and their struggle to keep Brookford Farm operating in the face of many obstacles.
Wednesday, June 25

9:30 a.m. - 11:30 a.m.

1:00 p.m. - 3:30 p.m.

Britt Lundgren, Stonyfield Director of Organic and Sustainable Agriculture

Sustainable Agricultural Development Field visits

Stonyfield Farms Yogurt Company, Derry, NH - Factory tour of large dairy products manufacturing plant to learn about sustainable sourcing of milk and other ingredients. We will also explore the efforts of Stonyfield to promote a sustainable planet regionally and globally.

Guest Speaker: Luke Mahoney, Brookford Farm

Tour of Brookford Farm, a large family operated sustainable agriculture farm. Brookford sells dairy products, bread, grains and meats. Brookford operates a large CSA and markets through stores and farmers markets across southern New Hampshire.

“We are a biologically diverse farm that practices sustainable, community-based farming methods, which include careful rotational grazing, a strictly local model for doing business, and a profound respect for the life cycles of the plants and animals in our care.”

Thursday, June 26

9:30 a.m. - 11:00 a.m.

 1:00 p.m. - 6:00 p.m.

Guest Speaker: James Key-Wallace, NH Community Loan Fund

New Hampshire Community Loan Fund, Concord, NH

Micro and small business financing, funding for childcare facilities, manufactured-home communities, matched savings, mortgages for manufactured homes, nonprofit facilities and rental housing.

“We turn investments into loans and education to create opportunity and transform lives across New Hampshire.”

Guest Speaker: Marilinne Cooper, WREN

Women’s Rural Entrepreneurship Network (WREN), Bethlehem, NH

“Dedicated to improving lives and livelihoods, WREN’s mission is to inspire, create and connect through economic, educational, personal and community development”

Berlin Farmers Market, Berlin, NH (3:30 p.m. - 6:00 p.m.)

  • SMDP students will conduct micro-business interviews and will sample the wares of the farmers market.
Friday, June 27

 8:30 a.m. - 12:00 p.m.

1:30 p.m. - 3:30 p.m.

Faculty: Bill Maddocks

Bringing it all together

  • Reflecting on what we have learned and what will bring back to our home communities.

Class presentations

  • Student Presentations
  • Closing World Cafe

* 6:30 p.m. - 8:30 p.m.

Closing Banquet

  • Wear your traditional attire

smdp class photo with malcolm harper