Microfinance in the Classroom – Kogod Now
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Kogod Now / How To  / Microfinance in the Classroom
Kogod School of Business classroom

Microfinance in the Classroom

In Ghiyath Nakshbendi’s “Microfinance & Global Business Development” class, his students are hands-on. They make microloans through Kiva, a popular online organization that provides small loans to entrepreneurs around the globe. They browse loan requests, donate, and track loan progress online, and the organization’s on-the-ground partners—called “Field Partners”—distribute the loans directly to the recipients.

Nakshbendi’s class has made microloans to four entrepreneurs in total—three in 2010 and one in 2008—and boasts a zero percent delinquency rate. An executive-in-residence in Kogod’s International Business department, Nakshbendi brings his background in developmental finance in the Middle East and North Africa to the Kogod course.

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