On June 18 – 23, 2012, ADMU-SEDPI conducted two trainings on “Fundamentals and Principles of Microfinance” and “Delinquency Management.” The trainings were delivered through the ADMU-SEDPI training hub in Bacolod, Negros Women for Tomorrow Foundation (NWTF). A total of 30 middle management officers from various microfinance institutions attended the trainings.
NWTF is the first training hub of SEDPI outside of Metro Manila, with over 245,000 members. It has branches all over the Visayas region and Palawan. Among the products and services they offer are social credit programs under their flagship projects Dungganon and Kasanag, microfinance banking through the Dungganon Bank, Inc., and IT consulting services through the DO-IT Foundation, Inc.
The microfinance training events were conducted to enable NWTF’s middle management staff to complete the requirements for the AdMU Diploma on Microfinance. The trainings are two of the 33 training courses ADMU-SEDPI offers.
The first training explained the principles and methodologies in microfinance. Nelson Panelo, a participant from the Rural Bank of Manapla, said that the training made him understand microfinance more and that he would apply his learnings to the rural bank. On the other hand, the second training addressed the microfinance institution’s challenges in combating delinquency. Participants consistently rated the trainers excellent due to their ability to simulate delinquency problems and clearly explain the methods to address delinquency. Among the trainers who delivered the trainings were SEDPI’s Program Manager, Ms. Emilenn Kate D.S. Sacdalan, and Mr. Romeo V. Arahan, Jr., a program officer of SEDPI.
NWTF and SEDPI will offer two training events in microfinance. These are Financial Analysis and Market-Based Product Design and Development, on October 15 – 20, 2012 in Bacolod City.