School of African Microfinance MasterCard Foundation Training Scholarships for African Scholars

MasterCard Foundation Scholarships

Course(s) Offered: Finance and related
Course Level: Executive training
Provider: MasterCard Foundation®
Country to Study in: Africa (Kenya)

Scholarship Description
For the ninth year running, The MasterCard Foundation®, in conjunction with the School of African Microfinance awarded scholarships to qualified applicants to attend School of African Microfinance (SAM) 2018 training.

The MasterCard Foundation Scholars Program made it possible for organizations and individuals without own financial possibilities to attend SAM 2017 by providing scholarships for tuition fee, accommodation and travel costs.

The MasterCard Foundation Scholars Program is dedicated to expanding the capacity of microfinance practitioners, with particular focus on middle management and to increase institutional leadership among women and under-represented populations. If you qualify under any of the eligibility categories, you are encouraged to apply.

Individuals from Africa who wish to apply to be considered for a scholarship, should demonstrate a passion to make greater impact. In addition, candidates should meet the following eligibility criteria:
  • Be in management and/or leadership levels in microfinance institutions or banks with more than seven years industry experience.
  • Microfinance Consultants who have in the past provided implementation support financial institutions and are keen to increase their overall technical skills base.
  • Individuals from the financial institutions that apply different models in their service delivery e.g. savings and credit cooperatives.
  • Past scholars are not eligible to apply.
Women microfinance managers are encouraged to apply.

Eligible groups
Citizens of African countries

Participating Institutions
School of African Microfinance (SAM), in Kenya

Fields of study
All courses in Finance and Microfinance offered at the School of African Microfinance - including microfinance, micro-enterprise and banking

Number of awards
The MasterCard Foundation® Program will award several scholarships

Sponsorship duration
Scholarships will cover the whole duration of the program - two weeks

Scholarship benefits
At SAM, partcipants have an opportunity to meet, exchange ideas and interact with other professionals from a variety of frontier finance institutions and countries.

The scholarships are intended to supplement other resources available to the applicants. Applicants may be awarded full or partial scholarships, depending on the assessment of the awarding committee.

In their application, applicants should state how much of the course fees they or their institutions are willing to meet. The scholarship award committee will use the combined criteria of merit and need to decide how much will be awarded to those who qualify.

Method of Application
All interested applicants should apply directly to the School of African Microfinance. To register for SAM 2018 please download the Application Form. All interested and eligible individuals should send their Curriculum Vitae and duly completed SAM Application Form to with a copy to before the deadline date below for consideration.

It is important to visit the official website (link to it is below) for complete information on how to apply for the SAM MasterCard Foundation Scholarships.

All applications must be submitted as directed on or before 30th June 2018

All applications for the scholarship must be sent electronically. Scholarship recipients will be notified on email.

SAM, a two-week executive training program, specializes in building high performance microfinance institutions and accelerating access to financial services. The courses offered focus on providing knowledge and skills that ensure institutions have market focused strategies, execute flawlessly-deliver appropriate products and services;- and have the culture, structure and talent to perform.

Scholarship Application Deadline: 30 June 2018
Open to International students: Yes (ONLY Africans)

More Scholarship Information and Application

Related: Scholarships in Africa for Students and Scholars

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