ICC Academy Launches New Certification on Microfinance
This month, the ICC Academy, the educational arm of the International Chamber of Commerce (ICC), has launched the Microfinance Associate Certificate (MAC) in partnership with Satin Creditcare Network (SCNL), one of the world’s leading microfinance providers. This specialized online program is designed to provide a practical overview and leverage a deeper understanding of the processes required to achieve business-readiness for anyone joining the microfinance industry.
In developing economies, microfinance, also known as microcredit, is viewed as a critical tool in the fight against poverty and entering the financial mainstream. Microfinance provides financial services – such as deposits, loans, payment services, money transfers and insurance – to low-income households, entrepreneurs and nascent businesses, who would otherwise not have access to such services.