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Mifi 331:Microfinance Development Perspectives Question Paper

Mifi 331:Microfinance Development Perspectives

Course:Business Administration

Institution: Kenya Methodist University question papers

Exam Year:2014

KENYA METHODIST UNIVERSITY

END OF 1''ST ''TRIMESTER 2014 (PT) EXAMINATION
SCHOOL : BUSINESS AND ECONOMICS
DEPARTMENT : ACCOUNTING, FINANCE AND INVESTMENT
UNIT CODE : MIFI 331
UNIT TITLE : MICROFINANCE DEVELOPMENT PERSPECTIVES

TIME: 2 HOURS

INSTRUCTIONS:

Answer question one and any other.

Question One

Donors play a crucial role in knowledge transfer of international best practices and can be instrumental in facilitating knowhow for government supervisors, and the industry.

Discuss how donors can support the industry.

(20 marks)

Outline and briefly explain the key requirements that are paramount to microfinance institutions by the prudential regulatory framework.

(10 marks)

Question Two
Explain the approaches and methods used in poverty alleviation by microfinance service providers. (20 marks)

Question Three
Micro finances successful performance is guiding by set principles. Discuss these essential principles in regard to collecting savings from the public. (20 marks)

Question Four
Transformation of microfinance into a bank brings more opportunities for an MFI for outreach, sustainability, efficiency and customer satisfaction. Discuss some of the positive results for the institution. (20 marks)

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