This month, the Child Rescue Centre staff completed microfinance training for a third group of CRC parents. Thirty-two men and women participated in the 10 week training. The 17 session training covered saving, money management, creating and maintaining a budget, financial planning, responsible borrowing, loan management, and other topics. At the end of the training, the staff conducted a capstone project and review to ascertain the participants' learning.
Representatives of three local banks were invited to help facilitate the training. The bank representatives talked to the participants about their services and instructed them how to open an account. The training especially stressed the importance of learning how to save money to prepare for emergencies and unexpected expenses.
On September 17, a festive celebration was held for the new graduates and their families. Local government representatives attended and spoke encouragement to the graduates. Micro loans were distributed to the graduates to start their new businesses. We look forward to hearing their success stories!