The OER Knowledge Cloud: Application Of Moocs For Borrowers’ Financial Education In Microfinance

Application of MOOCs for borrowers’ financial education in microfinance

Siddike, Md. Abul Kalam · Kohda, Youji · Hoque, Monirul

Published	June 2017
Journal	Knowledge Management & E-Learning: An International Journal Volume 9, Issue 2, Pages 160–176

ABSTRACT

The main objective of this research was to explore current borrowers’ financial education in microfinance and determine the possibilities of adopting massive open online courses (MOOCs) for such individuals. We adopted a semi-structured interview research strategy. A total of 25 employees and borrowers in BRAC’s (Bangladesh Rehabilitation Assistance Committee and then Bangladesh Rural Advancement Committee, currently, BRAC does not represent an acronym) microfinance program were interviewed and the data were analyzed qualitatively. The results show that BRAC’s microfinance
program provides borrowers’ financial education in terms of a predisbursement orientation and four-day training through the creation of a new role of customer service assistant. The results also reveal that eduentertainment, easy understanding, and more borrower participation are the
main possible opportunities for adopting MOOCs for borrowers’ financial education. We identified infrastructure, Internet connection, and funding as possible hindrances to adopting MOOCs for financial education. Finally, we propose a framework for adopting MOOCs for borrowers’ financial education in microfinance.

Keywords

Bangladesh · BRAC · financial education · massive open online courses · microfinance · MOOCs

ISSN	2073-7904
Refereed	Yes
Rights	by/3.0
URL	http://kmel-journal.org/ojs/index.php/online-publication/article/viewFile/522/344
Export options	BibTex · EndNote · Tagged XML · Google Scholar

AVAILABLE FILES

522-1780-1-PB.pdf · 887.5KB

82 downloads

Viewed by 257 distinct readers

CLOUD COMMUNITY REVIEWS

The evaluations below represent the judgements of our readers and do not necessarily reflect the opinions of the Cloud editors.

Click a star to be the first to rate this document

▶ POST A COMMENT

Siddike, Md. Abul Kalam; Kohda, Youji

This paper proposes a new service system that explains the process of social innovation (SI) in education in a developing country. We selected 17 Ashoka cases in the field of education in Bangladesh and analyzed them ...

Match: Siddike, Md. Abul Kalam; Kohda, Youji; application; Bangladesh

Massive open online courses as open educational resources in a blended teaching and learning mode of instructional delivery in higher education

Bandalaria, Melinda Dela Peña

Education system, especially in developing countries, faces many challenges which include the quality of instruction as concretised by the quality of instructional content and qualifications of the teachers. The ...