Application of MOOCs for borrowers’ financial education in microfinance
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 microfinanceprogram 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
Viewed by 107 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
SIMILAR RECORDS
Towards a service system for social innovation in education: A possible application of MOOCs
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
Advancing teaching with massive open online courses: A review of case studies
Li, Kam Cheong; Wong, Billy Tak Ming
This paper reviews the adoption of massive open online courses (MOOCs) by higher education institutions for teaching on-campus courses, and summarises the good practices from relevant case studies. From a total of 28 ...
Match: massive open online courses; moocs
MOOCS: Digesting the facts
Baggaley, Jon
The techniques used in massive open online courses (MOOCs) are compared with supersizing in the fast food industry. Similarities include the profit motives, marketing techniques, criticisms, industry defences, and ...
Match: massive open online courses; moocs
Trends and patterns in massive open online courses: Review and content analysis of research on MOOCs (2008-2015)
Bozkurt, Aras; Akgün-Özbek, Ela; Zawacki-Richter, Olaf
To fully understand the phenomenon of massive open online courses (MOOCs), it is important to identify and map trends and patterns in research on MOOCs. This study does so by reviewing 362 empirical articles published ...
Match: massive open online courses; moocs
Research trends in Massive Open Online Course (MOOC) theses and dissertations: Surfing the Tsunami wave
Bozkurt, Aras; Keskin, Nilgun Ozdamar; de Waard, Inge
Massive Open Online Courses (MOOCs) have attracted a great deal of attention by higher education and private enterprises. MOOCs have evolved considerably since their emergence in 2008, all the while given rise to ...
Match: massive open online courses; moocs
Student engagement in massive open online courses
Sinclair, Jane; Kalvala, Sara
Completion rates in massive open online courses (MOOCs) are disturbingly low. Existing analysis has focused on patterns of resource access and prediction of drop-out using learning analytics. In contrast, the ...
Match: massive open online courses; moocs
A usability evaluation of a blended MOOC environment: An experimental case study
Yousef, Ahmed Mohamed Fahmy; Chatti, Mohamed Amine; Schroeder, Ulrik; Wosnitza, Marold
In the past few years, there has been an increasing interest in Massive Open Online Courses (MOOCs) as a new form of Technology-Enhanced Learning (TEL), in higher education and beyond. Recognizing the limitations of ...
Match: massive open online courses; moocs
Developing self-efficacy through a massive open online course on study skills
Rodriguez, Brenda Padilla; Armellini, Alejandro
Self-efficacy is a strong predictor of academic performance, and an area of interest for higher education institutions. This paper reports on a massive open online course (MOOC) on study skills, aimed at increasing ...
Match: massive open online courses; moocs
MOOC quality evaluation system: Tomsk State University experience
Dyomin, Victor; Mozhaeva, Galina; Babanskaya, Olesya; Zakharova, Ulyana; et al.
E-learning development comes with an increased attention to its quality that is managed via the control over not only the learners' knowledge but over the learning process, its organization and applied tools. This paper ...
Match: massive open online courses; moocs
Metaliteracy as pedagogical framework for learner-centered design in three MOOC platforms: Connectivist, Coursera and Canvas
O'Brien, Kelsey; Forte, Michele; Mackey, Thomas; Jacobson, Trudi
This article examines metaliteracy as a pedagogical model that leverages the assets of MOOC platforms to enhance self-regulated and self-empowered learning. Between 2013 and 2015, a collaborative teaching team within ...
Match: massive open online courses; moocs