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PEOPLE'S CREDIT AND FINANCE CORPORATION

The Philippine Credit and Finance Corporation (PCFC), one the pioneer microfinance wholesalers in the Philippines, commissioned SEDPI to develop and lead its trainings in various key cities in the country.

After sending two of its staff members to attend Financial Analysis training at the Ateneo, PCFC saw it fit to contract SEDPI as trainers for its MFI clients. Two trainings were delivered to PCFC’s MFI clients: 1) Strengthening Internal Controls and Management Information System, and 2) Strategic Credit and Risk Management (SCRM). As it was important for PCFC to bring the trainings near its clients, each course was conducted twice in Luzon and Mindanao, and once in the Visayas.

From July to October 2007, a total of ten trainings were conducted in the cities of Manila, Iloilo, Cebu, Davao, and Cagayan de Oro. More than 130 participants from over 60 microfinance institutions attended the training events. The variety of organizations attending such as cooperatives, rural banks and non-government organizations, made the trainings further enriching as experiences ideas were shared.

The tiring schedule did not deter the speakers to provide pleasant and informative sessions to the participants. The trainings were met with good evaluations and positive comments. At the end of the day, the participants look forward to seeing SEDPI at front of their future trainings with PCFC.