Author: Mariel Vincent Rapisura
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SEDPI Conducts Financial Literacy Trainings for OFWs in 10 Countries
The Social Enterprise Development Partnerships, Inc. (SEDPI) successfully completed training 1,145 Overseas Filipino Workers on financial literacy for remittance senders. The trainings were held in the Netherlands, Italy, Germany, Singapore, Hong Kong, Belgium, Denmark, Luxembourg, Austria and the United Arab Emirates. Rhoda Amodia, 36 years old and a domestic helper in Rome, Italy expressed, “For…
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588 Remittance Receivers Trained all Over the Philippines
“I will start saving a portion of remittance once I receive it. I will no longer access loans from 5-6” These were Rosita Sawitan’s realizations upon attending SEDPI’s training on financial literacy for remittance receivers. Rosita is a 45 year old housewife who lives in Claveria, Misamis Oriental. Her daughter is an Overseas Filipino Worker…
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SEDPI Launches Online Financial Literacy Course for Migrants
One of the main challenges that Overseas Filipino Workers (OFWs) face is personal financial management. Most of them do not have emergency savings, insurance, over-indebted and low investment. This condition prompted the Social Enterprise Development Partnerships, Inc. (SEDPI) to develop financial literacy programs. On September 12, 2010, SEDPI launched an online course on financial literacy…
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Low Usage of Mobile Money in the Philippines
Contrary to popular belief, there is low usage of mobile money in the Philippines. This is one of the main findings of SEDPI’s qualitative research conducted on August 2010. Almost all of the respondents have little or no knowledge about mobile money. The research aims to gain better understanding of the domestic demand for payment…
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SEDPI Conducts Training to OFWs in Germany, Italy and Netherlands
A total of five training events on Financial Literacy for Remittance Senders were conducted in Europe from January 31 to February 8, 2009. In partnership with Stichting-Habagat, SEDPI was able to conduct three training events in the Netherlands – The Hague, Limburg and Utrecht. In Rome, Italy, the Overseas Filipinos Society for the Promotion of…
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Ateneo-BPI Holds Training in Vigan, Ilocos Sur
A total of 15 participants coming from several microfinance institutions in Northern Luzon attended the “Fundamentals and Methodologies of Microfinance” training held at the Nueva Segovia Cosortium of Cooperatives in Vigan, Ilocos Sur on January 28-30. The training is the first offering for 2008 of the Ateneo-BPI Partnership to provide capacity building services to microfinance…
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SEDPI Conducts Microfinance Immersion for Nigerian Government Agencies
To usher the new year, SEDPI conducted a five-day study tour entitled “Microfinance Immersion: A Study Tour of the Philippine Microfinance Industry” for Nigerian government agencies. The government agencies come from the Central Bank of Nigeria, Nigerian Deposit and Insurance Corporation, Ministry of Finance, and the National Association of Small and Medium Enterprises. The participants…