DAR Agusan del Norte holds seminar on microfinance program

piaBUTUAN CITY, July 22 (PIA) -- The Department of Agrarian Reform (DAR) in Agusan del Norte carried out a series of Mentoring and Technical Guidance on Microfinance Technology to five Agrarian Reform Beneficiaries Organizations (ARBOs) from the different municipalities in the province in a period of one month, June 2016.
Municipal Agrarian Reform Program Officer (MARPO) Virginia Batosalem, one of the facilitators, said the seminars aimed to strengthen the ARB organizations to become effective and efficient microfinance provider to its members.

“The ARBOs are equipped with the basic information on microfinance mentoring to improve its services to the Agrarian Reform Beneficiary members  as they are the frontline partners of the Department in the delivery of support services,” MARPO Batosalem added.

Discussed during the seminar were the necessary steps toward microfinance best practices, evaluation of the systems adopted, and identify the ARBOs common needs and weaknesses in ARB-members financing.

The selected ARBOs are guided properly in handling micro-credit services with the use of the system that could bring financial intelligence to its members.

The selected five ARBOs comprised Duque ARB Cooperative (DAREBCO);  Avanceña Beneficiaries and Farmers Multi-purpose Cooperative (ABFMPC); San Antonio Integrated Farmers MPC (SAIFMULCO); Palmavera Small Coconut Farmer Beneficiaries Cooperative (PASCOFBEC), and Malicato ARB MPC (MARBMPC). (Gil E. Miranda, DAR-Agusan del Norte/PIA-Agusan del Norte)

Source: http://news.pia.gov.ph/article/view/1701469150127/dar-agusan-del-norte-holds-seminar-on-microfinance-program