15 credit group leaders and prospective clients of the Micro Credit and Saving project in Binh Dai district, Ben Tre province have recently completed a 3-day workshop on microfinance skills.
The training aims to provide trainees with relevant knowledge in micro credit, including the access to loan, financial services and the effective use of capital, contributing to poverty alleviation and economic development in the locality.
During the three-day workshop (February 17-19th), local-based project coordinators helped 15 trainees gain fundamental understanding of ‘credit’, ‘credit group’ concept ; provided guidance on how to develop, manage and coordinate credit groups as well as introduction to Microfinance (purpose, target clients, loan policy, etc).
The workshop also included a Q&A session, in which the trainers provided answer for trainees’ enquiries on how to solve the problems they encountered while leading/participating in a credit group.
In addition, the trainees were also instructed on bookkeeping, as well as other skills in a field-trip to learn about credit management in real life.
“We expect that all of the trainees will become helpful assistants of Binh Dai district project management board in the time to come”, said Ms.Vo Thi Be Hai, Deputy Head of the Project management board.
- The Micro Credit and Saving project in Binh Dai district was launched by MCNV and sponsors in 2009.
- The project has been expanded to 11 communes and townships, providing financial services and facilitate socio-economic inclusion for over 5,000 disadvantaged and poor women, supporting household economy development, response to saltwater intrusion and new rural development.
- Nowadays, the project has become financially self-sustained, and is being conducted with the permission of the State Bank of Vietnam, Ben Tre provincial branch.