Saturday, April 9, 2011

Deal on micro-finance courses inked

Deal on micro-finance courses inked


Three institutions signed a memorandum of understanding (MOU) that will upscale the micro-finance sector in the country through human resource development.

This is to address the challenge in the recruitment of quality human resources to fill in the positions in the micro-finance sector.

The Ramon Aboitiz Foundation Inc. (RAFI) signed the MOU with the University of San Carlos (USC) College of Commerce and PinoyME Foundation last March 2.

RAFI Micro-finance executive director Ma. Theresa Catipay, USC president Fr. Dionisio Miranda, SVD, and PinoyME Foundation president and chief executive officer Danilo Songco represented the three parties in the signing.

The signing of the MOU came after the partner’s forum on dual training system (DTS)-competency based education of the micro-finance capacity program held last March 1 at USC.

Under the MOU, the University of San Carlos will integrate micro-finance courses in its Business Administration curriculum by rolling out a ladderized program using a competency-based curriculum and a DTS.

The DTS will provide students with two venues of learning—the school and the industry—where they can learn how to be competent loan officer, team leader and branch manager.

RAFI Micro-finance will cooperate with USC to enhance the capability of their human resource and that of the micro-finance sector.

With the support of Hanns Seidel Foundation/Germany, PinoyME will provide technical support to USC, including the competency-based curriculum, the copyrighted learning materials, technical assistance, and training of faculty on DTS management.

The ladderized curriculum will allow the students to go through the six-month Tesda-accredited certificate course for loan officers. If the student pursues a four-year course, he or she will graduate with the competency of an MFI branch manager.

A two-year associate course is also available. At the end of each course, the student has a high chance of direct employment by an MFI.
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