Enhancing MFIs’ Skills in Managing Financial & Product Portfolios
The First Provincial Training of SEEDFINANCE on Portfolio Management
The first among the seven scheduled SEEDFINANCE Provincial Training Programs on Portfolio Management has turned out to be a successful one as 28 delegates from different Partner Financial Institutions in the Western Visayas region attended the activity last March 27, 2012 at the Small Ville 21 Hotel, Mandurriao in Iloilo City. The PFIs present during the training are Guimaras Multi-Purpose Cooperative, Pontevedra Peoples Development Cooperative, Barotac Nuevo Development Multi-Purpose Cooperative, Panay Development Workers Cooperative, Pag-Inupdanay Inc., Laua-an Multi-Purpose Cooperative, Pandan Multi-Purpose Cooperative, Immanuel Partners Multi-Purpose Cooperative, Guimbal Development Cooperative, Southern Iloilo Area Multi-Purpose Cooperative, Caticlan Boracay Transport Multi-Purpose Cooperative, Uswag Development Foundation Inc. and Balete Teachers Development Cooperative. It was facilitated by the SF-MAX Training & Consultancy team composed of Mr. Marlowe Baring, Corplan Manager; Ms. Patricia Pelayo, Corplan Officer and Mr. Elvi Caña, Regional Portfolio Officer of Region 6.
Portfolio Management involves the planning, leading, organizing and controlling of organization’s investments and products offered to the market. The activity included various sessions that guided all participants to understand the importance of the topic to their daily microfinance operations. The morning focused on the discussion of the three areas of portfolio management – liquidity, profitability and quality. The facilitators provided lectures, slide presentations and disseminated activity toolkits to further enhance the capacity of the attendees. During the afternoon, the training also taught them how to become financially disciplined portfolio managers especially in operating credit and savings programs through topics comprised of controlling delinquency, provisioning, controlling non-earning assets and improving earnings. Finally, the financial viability planning gave an understanding to the participants on the basic features of a loan product, segregating portfolio according to quality, identifying
fund sources and costs, determining collection rate and reviewing the operational self-sufficiency factors. On the last part of the session, they made sample computations based on the given figures to familiarize them on the actual practices and determine if they acquired all the knowledge they needed for their respective organization’s financial goals.
Just like the success of the first provincial training, SEEDFINANCE anticipates that the remaining six Portfolio Management Trainings in other areas all over the Philippines will become victorious as well through the active participation of its Partner Financial Institutions that aims to improve their current operations for the benefit of their microfinance clients and members to better impact their respective lives and businesses.
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