The specific objectives of this e-Learning course are :
(a) To impart knowledge on mechanics of loan agreements in order to
assist loan negotiators and borrowers in particular appreciate the
implications of the commitment assumed.
(b) To introduce the varied clauses
of the loan agreement and their purposes and implications in an
agreement showing that only by careful negotiation can the development
aspirations of a borrower from such agreements be realized.
(c) To demonstrate that knowledge of
basic clauses and the anatomy of the loan agreement is key to successful
debt management as a matter of law and contract rather than politics.
(d) To afford participants the opportunity
to enjoy the benefits of e-learning on mechanics of loan agreements
using basic clauses and examples which accommodate participant-paced
training methods and is adaptive to the peculiarity of participants.
At the end of the course it is expected
that participants would have on a general note imbibed more skills
and knowledge in negotiating international loan agreements. More
specifically, each lesson is designed to impart specific skill and
knowledge as indicated at the beginning of each lesson. Finally,
each lesson ends with some exercises designed to test understanding
and assess the performance of the participant.
1. Prospective applicants to this course may be from the public,
private or the not for profit sectors of the economy of developing
or developed economies. In terms of professional background they
could be currently engaged in or be aspiring to practice in external
debt management field as lawyer, economist, accountant, administrator,
statistician or administrator.
2. Applicants may be employed by a
federal or state government or local council or a public enterprise
or government owned corporation or parastatals.
3. Applicants may be policy makers,
senior, middle or young public servants engaged in debt management
or likely to be so engaged.
4. Must be computer literate and able
to use the Internet.
5. Must have access to a personal computer
(PC) and internet facilities to facilitate the on-line training.
6. Must have the ability, willingness
and opportunity to devote at least 40 hours over a six to eight
week period in order to complete the course
7. Must be ready and willing to undertake
assignments, e-exercises, and possibly interactive sessions during