MF 111 MICROFINANCE AND DEVELOPMENT Topic 1: INTRODUCTION OF THE MF & DEVT AND MANDALA OF LIFE

CMDI AY 2022.2023 Hybrid Learning

Course Description This course covers definitions and terminology, rationale and objectives ofmicrofinance,
financial viability and access to capital markets, characteristics of different
microfinance. The students will learn how microfinance becomes tool and development
especially with integrated social services that empowers individuals who consequently
influences their respective families and communities. Social services that accompany
microfinance are information and education, health, sanitation, and insurance. The story
of CARD MRI in relation to integrated microfinance and social services will be discussed
and will serve as the main case study.

This is a pre-requisite subject before taking the MF 122 Microfinance Models.

Course Learning At the end of the course, the students shall be able to:
Outcomes  Explore the role of microfinance in economic development.
 Trace the evolution of microfinance.
 Discuss how poor countries use financial services.
 Discuss about the contribution to development, and how the stories shape
perception of microfinance.
 Understand deeply the role of microfinance institutions in poverty eradication

Evidence of For this New Normal, the teacher will facilitate the following assessment to students:
Learning/  One (1) quiz per term
Assessment Tools  One Individual/Group activity per term practical application of learnings such as
Case Study, Essay, Interview, Project etc.
 Online Oral Recitation/reflection
 Two (2) Major Examinations for Midterm and Final terms
 Consultation with students

Topics (Coverage) Prelim

Topic 1 Introduction of the Course and Mandala of Life (Week 1)
Topic 2 Evolution and History of Microfinance (Week 1)
Topic 3 Poverty and Development (Week 1)
Topic 4 Types of Microfinance Institutions (Week 2)
Topic 5 Definition and Concepts of Savings (Week 2)

Midterm
Topic 6 Global Microfinance Players (Week 3)
Topic 7 Micro-Insurance as Added Value to Microfinance and Roles of
CARD MRI Insurance Group (Week 3)
Topic 8 CARD MBA Program and Services (Week 4)
Topic 9 CaMIA and CPMI Program and Services (Week 4)

Pre final
Topic 10 Different B asic Features of Microfinance a s
S ocial Business/Enterprise (Week 5)
Topic 11 Client Protection Principles (Week 6)
Topic 12 Code of Ethics of Staff in Microfinance Operations (Week 6)
Topic 13 Standard Operational Procedures in CARD Operations (Week 7)
Topic 14 Values and Principles in Center Formation (Week 7)
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MF 111 MICROFINANCE AND DEVELOPMENT Topic 1: INTRODUCTION OF THE MF & DEVT AND MANDALA OF LIFE
CMDI AY 2022.2023 Hybrid Learning

Topic 15 Center Management and Commitment Building Ceremony (Week 6)

Final
Topic 16 Millennium Development Goals to Sustainable Development Goals
(Week 8)
Topic 17 Measuring I m p a c t i n P overty Success stories i n M i c r o f i n a n c e
(Week 9)
Topic 18 Presentation of Groups’ Case Studies (Week 9)
Target Participants This course is offered from first to fourth- year CMDI students taking up Bachelor of
Science in Entrepreneurship with Specialization in Microfinance as a major subject. This
is also a minor subject of BSA, BSAIS, BSIS and BTM students.

Learning Time November 7, 2022 to January 20, 2023

Means of Learner The students may contact teacher for assistance and guidance to the following:
Support Ms. GLENDA C. CASTRONUEVO,
Instructor

Email:
glenda.castronuevo@cardmri.edu.ph

Facebook

Glenda C. Castronuevo

Summative This rubrics standard shall be used for the Rubrics/Standards:

Assessment assessment and requirements of the overall
authentic performance-based assessment of
(Performance/Product)
the course. Please see below as
reference.

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CMDI AY 2022.2023 Hybrid Learning

Microfinance Models Rubrics Standards

A. Group Activities/Projects/Case Study)

Indicators/Features Outstanding Very Satisfactory Satisfactory Fairly Satisfactory Did Not Meet
Expectations
(90-100%) (85-89%) (80-84%) (75-79%)
(below 75%)

Quality of The The assessment The assessment The assessment result The assessment result is
assessment assessment result is nearly result is acceptable, is acceptable but with incomplete, disorganized,
conducted result is complete, with enough incomplete information and not explained well.
complete, well- organized and information but needs and needs
organized, and stated clearly minimal improvement improvement
outspoken
clearly

Quality of Illustration is Illustration is near Illustration is Illustration is passable Illustration is not satisfying
Illustration innovational, creative and acceptable but needs but needs more and no creativity and not
relational, ingenious minimal improvement improvement on complied the standards.
creative, and on clarity of clearness of
eye-catching to presentation presentation
audience

Clarity of Aspirations are Aspirations are Aspirations are Aspirations are fairly Aspirations expressed
aspirations well-expressed expressed clearly conveyed satisfactory satisfying but needs have no substance at all
its message with near complete but needs slight more improvement in and not complied to
completely and information improvement in the the execution of content requirements
very conveyed in the delivery of content
understandable illustration
even from the
presentation of
illustration

Fulfillment of Demonstrated Explained Presented aspirations Discussed aspirations Enumerated aspirations

aspirations aspirations are aspirations are are adequate but need enhancement and are somewhat
clear, realistic, nearly performable needs some must be realistic undeliverable and needs
and achievable and presented refinement in taking major improvement
for short and clearly. actions
long terms.

B. Essay/Reaction Paper (English/Tagalog)

INDICATORS OUTSTANDING VERY SATISFACTORY FAIRLY DID NOT MEET

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MF 111 MICROFINANCE AND DEVELOPMENT Topic 1: INTRODUCTION OF THE MF & DEVT AND MANDALA OF LIFE
CMDI AY 2022.2023 Hybrid Learning

(90-100%) SATISFACTORY (80-84%) SATISFACTORY EXPECTATIONS

(85-89%) (75-79%) (below 75%)

CONTENT There is one clear, There is one clear, There is one topic. The topic and main The topic and main
well-focused topic. well-focused topic. Main ideas are ideas are not so ideas are not clear.
Main ideas are clear Main ideas are somewhat clear. clear.
and are well clear but are not
supported by detailed well supported by
and accurate detailed
information information
ORGANIZATION The introduction is The introduction The introduction The introduction, There is no clear
inviting, states the states the main states the main structure, or introduction, structure,
main topic, and topic and provides topic. A conclusion conclusion are no so or conclusion.
provides an overview an overview of the is included clear.
of the paper. paper. A
Information is relevant conclusion is
and presented in a included.
logical order. The
conclusion is strong
ACCURACY & The purpose of writing The purpose of The purpose of The purpose of The purpose of writing
RELEVANCE is noticeably clear, writing is writing is somewhat writing is not so is unclear
and there is somewhat clear, clear, and there is clear
convincing evidence and there is some evidence of attention
of attention to evidence of to audience. The
audience. The attention to author’s knowledge
author’s extensive audience. The and/or experience
knowledge and/or author’s knowledge with the topic is/are
experience with the and/or experience limited
topic is/are evident with the topic is/are
evident.
ORIGINALITY It expresses vivid It uses vivid words It uses words that It uses limited It was totally copied
words and phrases. and phrases. The communicate vocabulary. Jargon from the
The choice and choice and clearly, but the or clichés may be website/articles/journals
placement of words placement of writing lacks variety present and detract
seems accurate, words is inaccurate from the meaning.
natural, and not at times and/or
forced seems overdone.

C. College Grading System

TERM ASSESSMENT AREA PERCENTAGE

Prelim and Pre-Final Quizzes 20%
Practical Applications 80%
Total 100%
Midterm and Final Quizzes 20%
Practical Applications 50%
End of Term Assessment 30%
Total 100%

D. Final Grades:

The final grade in the class card and Transcript of Records shall follow the rating scale below.

Rating Grade
97-100 1.00
94-96 1.25
91-93 1.50
88-90 1.75
85-87 2.00

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CMDI AY 2022.2023 Hybrid Learning

82-84 2.25
80-81 2.50
76-79 2.75
75 3.00
74 and below 5.00
Note: College uses based 40

PERIOD/TERM: Prelim-term

Welcome to Microfinance and Development course!

This course covers:

 Definitions and terminology, rationale and objectives of
microfinance.
 Financial viability and access to capital markets
 Characteristics of successful microfinance offerings, and
impact of microfinance.
 Definitions and terminology, rationale and objectives of
microfinance.
 Financial viability and access to capital markets.
 Characteristics of successful microfinance offerings, and impact of microfinance.
 The story of CARD MRI along with its core values and principles in relation to integrated
microfinance and social services will be discussed and will serve as the main case study.

References:
 End of Poverty by Jeffrey Sachs
 The Triangle of Microfinance by Manfred Seller and Richard Meyer
 Reengineering Selected CARD Business Process by Dr. Jaime Aristotle Alip
 Microfinance Selected Readings Volumes 1 and 2 compiled by MykaReinsch
 CARD Bank, Inc. Operations Manual

METHODOLOGIES
 Lecture/Discussion
 Small Group Discussion
 Library Research; Google Research
 Individual/Group Reporting
 Case Analysis
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MF 111 MICROFINANCE AND DEVELOPMENT Topic 1: INTRODUCTION OF THE MF & DEVT AND MANDALA OF LIFE
CMDI AY 2022.2023 Hybrid Learning

 Conduct of Oral/Online Interviews

COURSE REQUIREMENTS
 Active Participation
 Advanced Readings in Assigned Topics
 Alternative/Authentic Assessment
 Online Attendance
 Case study/Critical Thinking
 Online Graded Recitation
 Individual/Group Reports
 Take and Pass Major Exams and Quizzes
 On-time Submission of Requirements

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MF 111 MICROFINANCE AND DEVELOPMENT Topic 1: INTRODUCTION OF THE MF & DEVT AND MANDALA OF LIFE
CMDI AY 2022.2023 Hybrid Learning

Microfinance and Development

Course Content

 Self-awareness using Mandala of Life

 What is Microfinance?
 Evolution and history of microfinance
 Progress and challenges in microfinance in Asia
 Goals/triangle of microfinance
 Trends
 The Poverty Situation and Development
 Millennium Development Goals to SDGs
 The CARD MRI Story and Business Model

Prelim Topic 1 MANDALA OF LIFE

I. INTRODUCTION

“Who Am I” is a question to oneself that links to self-identity, self-knowledge, and self-development. Who you are and
how you know yourself is a query that everyone in some unspecified time in the future would ask you. However, this
question can only be answered by YOU because no one spends more time with you than you do.

Knowing yourself and who you are always has been important and for every generation. Each of us has our own innate
desires, which are necessarily provided with talents and abilities, that is properties for realization. Absolute understanding
of the depth of your psychic nature, awareness of the causes of your states, desires, needs are components of the
knowledge of yourself.

Self -identity is the perception of or recognition of one’s characteristic as an individual, especially in relation to social
context. The best thing is that once you start loving yourself, will be able to love the world around you, including people
without demanding in return.

The need for self-development is an ideal (spiritual) phenomenon, but the manifestations of this idea can at any level,
depending on the chosen direction of person, alongside with cultural and aesthetic needs, as integral part of healthy
person as what Marlow defined on his hierarchy of needs.

To further understand this, please watch this video from this link. (Who am I? A philosophical inquiry by Amy Adkins)
https://www.youtube.com/watch?v=UHwVyplU3Pg

II. DISCUSSION

The Mandala of Life is the first phase of Awareness Level that will experience by CMDI students and help determine
their capabilities, weaknesses, likes, and dislikes, successes and failures in life and unforgettable experiences
which make reflect what they are now.

By knowing our strengths, we can capitalize on them, in acknowledging our weaknesses and can bring to

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CMDI AY 2022.2023 Hybrid Learning

improve them. Hence, knowing oneself and others is a facilitating factor in group building and value
formation.

MANDALA OF LIFE
Who amI?

STRENGTH
HAPPINESS

DISLIKE TRIUMPH

FAILURE LIKE

SADNESS WEAKNESS

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CMDI AY 2021-2022

There are two methods of self-improvement that define what it means to be self-aware. Being self-aware can help you
relate well with people and increase your ability to achieve your goals.

 To look for the positive attributes you possess and appreciate that part of you.
 By acknowledging your weaknesses and actively working on improving. Here are some more reasons
why it is important to be self-aware.

Benefits of Self-Awareness

1. Increases your social abilities

Human beings are social beings who thrive on relationships. People who are self-aware are very successful when
creating relationships. This is because they can realize exactly what they want in each person they meet. That certainty
comes from knowing one’s own abilities and challenges. Self-awareness also promotes emotional intelligence. Emotional
intelligence helps us relate to the feelings of other people. Lacking this skill can leave us in conflicts with others. The best
way to improve your level of emotional intelligence is by learning your own emotional patterns.

2. Promotes versatility and open-mindedness

Knowing yourself can be very crucial to affecting the approach that you have on issues. Self-awareness is the ability to
actively seek to listen to the body and mind to know your natural response to change. This consciousness can thus help
you have a clear focus when dealing with issues. You are also able to accept opinions, feedback, and criticism from other
people without being subjective. Ultimately, you can have multiple solutions to a single problem.

3. Promotes productivity

People who are self-aware are fast thinkers. They understand themselves and can focus on the challenges of the day
without hindrances. Without understanding yourself, there is a big challenge where you are held back by uncertainty. This
results in time wastage caused by pondering over many different courses of action even when a swift decision is needed.

4. Improves leadership skills

One of the most important attributes of a good leader is swift decision-making. A leader should also be impartial and
confident. All these are things that we gain by becoming self-aware. Knowing yourself removes internal fear and you can
focus on important matters.

5. Promotes Overall Objectivity

Being self-aware promotes objectivity. People who are self-aware are also self-confident. This means that they can easily
make decisions without being clouded by poor judgment.

Additional References:
https://www.betterhealthsolutions.org/5-reasons-self-awareness-important/
https://gradesfixer the importance-of-self-knowledge-self-identity-and-self-development/

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