Social Enterprise Development Partnerships, Inc. (SEDPI) conducted trainings under the Ateneo Microfinance Capacity-Building Program (ADMU-MCBP) in Negros Women for Tomorrow Foundation, Inc. (NWTF), its pioneer partner training hub in Bacolod City, on March 19 to 24, 2012. The trainings conducted were Delinquency Management and Financial Planning for Small and Medium Enterprises.
Seventeen participants from NWTF and Dungganon Bank, Inc. attended the training on Delinquency Management. The course enables participants to understand delinquency by tracing its causes and costs and offering various perspectives on delinquency from the vantage point of the borrowers and the microfinance institution. Participants are also taught on how to measure delinquency using international standards and how to come up with both preventive and curative strategies in solving delinquency.
Eleven participants from the same organizations attended the training on Financial Planning for SME’s. The course aims to equip the participants with the knowledge and skills necessary to recognize business opportunities. It also teaches the participants on how to identify characteristics of entrepreneurs, use a framework on planning, organizing, and managing an enterprise, and project financial goals. Various workshops were conducted to help the participants develop their business ideas, which they presented at the end of the course.
SEDPI has trained over a hundred staff from NWTF, and from other microfinance institutions in the area, since the start of the training hub partnership in 2009. Attending the training courses make the participants eligible for the Diploma Course in Microfinance conferred by the Ateneo de Manila University.