Course Overview

This course is intended for those who want to better understand the gap that exists in MSME financing, and how the various barriers to MSME financing may potentially be overcome or solved. In this course, you will investigate why MSME financing is important and explore the existing financing landscape through real-world case examples and interviews with experts in the financing industry.


25 October 2020


*Start Date: 29 October 2020


4 weeks


Online, in our digital classroom


US$250 per person
(Financial Aid Available)

Ready to find out more?

Course Overview

This is a four-week course, and it will be conducted entirely online through DFI´s Campus platform. Weekly teaching materials will center around four lecture videos of 10-12 minutes produced by DFI, and a number of additional resources that you can read or view. Your weekly tasks will include answering a discussion question, taking a multiple-choice quiz, and undertaking a personal exercise of a more practical nature.

  • Week 1

    MSMEs, Economic Growth, and the Financing Gap

  • Week 2

    Current Digital MSME Debt Finance and Alternative Credit Landscape

  • Week 3

    Exploring Data Types, Collection Methods, and Real World MSME Lending Models

  • Week 4

    Considerations, Risks, and the Future of Digital MSME Financing


DFS, or digital financial services, are any financial services that are available through digital channels and includes payments, credit, savings, transfers and insurance.


Fintech, or financial technology, refers to any digital technological tools or business models used to support the delivery of financial services.


Financial inclusion is a key part of DFI’s agenda and refers to the goal of ensuring that all people, especially marginalised groups, have access to the financial tools they need.


A virtual classroom is a learning environment that only exists through a digital platform and that allows students to participate regardless of their geographic location. All of DFI’s courses are delivered in a virtual classroom.


Digital Frontiers Institute (DFI) is a digital education provider designed to prepare professionals for the challenges and opportunities they will encounter in a rapidly changing economy.


World-Class Academics and Practitioners


Elizabeth Friend

Elizabeth is a sustainable international development practitioner and organizational strategist with a focus on developing, implementing, and evaluating market-based solutions to poverty She has over a decade of experience working with micro-enterprises and early-stage social impact startups 

 In her current role as Managing Director of the Small-Scale Sustainable Infrastructure Development Fund (S3IDF), she leads work on impact-first investing and focuses on innovative financing structures that bridge the supply and demand capital gaps by blending philanthropic, development, and private capital. Prior to her work with S3IDF, Elizabeth served as International Director of Village Forward where she managed international programming and played a central role in developing operational capacity and micro-franchise expansion strategies. Elizabeth has served as a consultant for USAID and a been presenter at regional and international conferences forums where she discussed energy poverty, systems-level program design, and small-scale enterprise financing. 

 Elizabeth holds a M.S. Finance from Northeastern University and M.A. in Sustainable International Development from Brandeis University as well as a B.A. in Leadership Studies and Political Science from the University of Richmond. She also recently completed Digital Frontiers Institute’s Certified Digital Finance Practitioner Program. 

Kickstart your DFS career

Financial Aid

DFI’s mission is to equip a new generation of professionals with the information, skills, and vision they need to guide society towards inclusive digital financial solutions. DFI understand that affordability may stand in the way of your progress as a Digital Finance Professional. We strive to source, manage and administer various student funding opportunities to make tuition more affordable for you.  for deserving students according to sponsor specific requirements. Our goal is to ensure that no student is left behind and have designed affordable payment terms as well as scholarship funds for eligible students.

Use this information to find the best financial aid that supports your objectives. At any stage please contact us at

Option 1: Payment Plans that make your tuition more affordable

Course fees can be made over payments at an agreed date.

Multi-year Programs

Certified Digital Finance Practitioner

  • Year 1: $1335/$445 in 3 installments (works out to $112 p.m.)
  • Year 2: $1335/$445 in 3 installments
  • Year 3: $1335/$445 in 3 installments
Foundational Courses

Foundation courses include the Certificate in Digital Money, and Leading Digital Money Markets.

  • Payment 1: $500
  • Payment 2: $500
  • Payment 3: $500
Specialization Courses

Specialization courses included short courses such as Digital Agriculture and Digital Identity.

  • Payment 1: $125
  • Payment 2: $125

Option 2: Can we help in getting your company to pay or at least contribute to your tuition?

DFI can assist in opening a conversation with your employer to support your tuition. We can cultivate further interest with them to participate on our programs – bringing multiple employees on will result in corporate discounts and thus lower tuition for you.

Request your corporate proposal by contacting us at

Option 3: Referral Program

If your colleagues, friends or family join the course we can open a referral seat for you, which is 100% subsidized by Digital Frontiers Institute. This includes assisting us to create impactful corporate alliances.

Foundation Courses

Eight successful referrals will result in your foundation course being fully subsidized.

Specialization Courses

Four successful referrals will result in your specialization course being fully subsidized.

Option 4: Scholarships

DFI offers partial scholarships to qualifying candidates. Our scholarship funders favor scholarship candidates that contribute to tuition themselves. Ideally, Students should contribute at least half of the tuition fee, the higher your contribution the more likely you are to be considered. Tuition can also be paid in manageable installments. Please see below criteria for scholarships.

  •         I am an active member of the digital financial services industry

Scholarships are adjudicated quarterly and are weighted based on the strength of your application. You will be asked to answer the following questions in your application:

  • Please provide a brief overview of experience.
  • To what extent does your organization contribute to financial inclusion.
  • How will your attendance on this course benefit your organization, your initiative, your country?
  • Describe your current role and responsibilities.
  • Why do you think you should receive financial aid?
  • I can contribute $ to my course.

You can apply for a scholarship on the course registration page, where applicable. Not all courses have scholarship programs.