Category: Financial Literacy
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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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CORDAID Guarantee to OFW Investments
The Sustainable Investment Fund is an alternative investment option to Overseas Filipinos – workers, migrants and immigrants. Because it will be used to extend loans to microfinance institutions and social enterprises (SEs), this fund does not only give positive economic returns; it is socially responsible as well. When Overseas Filipinos invest a minimum of PhP50,000.00…
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SCCI Inks Cooperation with Cordaid on Remittances
In 2008, Cordaid and SCCI inked an agreement to create models on how remittances could be leveraged for development through microfinance. The cooperation consists of a guarantee mechanism from Cordaid for OFW investments to SCCI and conduct of financial literacy trainings to both remittance senders and receivers. Cordaid is one of the world’s biigest international…