Announcement Archive

8th Microfinance Training of Trainers Course Wrap Up

Wednesday, June 27th, 2012

story from Tokyo Development Learning Center

MFTOT 8 participants gather at TDLC

The 8th Microfinance Training of Trainers Course (MFTOT8) organized by the Asian Development Bank Institute (ADBI), China Development Bank (CDB), and Tokyo Development Learning Center (TDLC), was completed in May 2012. 199 newly certified trainers from 30 countries were accredited, the highest number since the course was first launched in 2005.

To date, there are 892 certified trainers of the Microfinance Distance Learning (MFDL) Course from 55 countries, largely from Asian and African regions. The certified trainers are microfinance professionals including university professors, managers and microfinance practitioners in central banks, commercial banks and MFIs.

The MFTOT8 course was delivered between December 2011 and April 2012. The course utilized the United Nations Capital Development Fund (UNCDF) learning package “Microfinance Distance Learning Course” (MFDL). It is delivered via a cost-effective and environmentally-friendly blended learning approach combining CD-Rom self-study with online tutoring and videoconferencing sessions and administered via Moodle (an open source learning management system).

The course objective was to strengthen the institutional capacity of microfinance in Asia-Pacific, Africa, and beyond, by making high-quality microfinance training accessible to more decision-makers, professionals and practitioners in the field of microfinance. The course covers fundamental concepts in microfinance to financial analysis and institutional analysis.

The MFDL course author, Ms. Heather Clark, International Microfinance Consultant and the Former Director of UNCDF’s Special Unit for Microfinance, states that the “Sustainable, donor independent MFIs will have the market responsiveness required to continue services to their original customer base as well as expand services to similar customers elsewhere” presenting how microfinance works from a customers’ perspective. The training is worth learning for all the market players in Microfinance, for those from government, central bank, bank associations, microfinance institutes, audit firms, and even for customers.

The key element for such capacity building programs to obtain a level of sustainability depends largely on what the trainers will do or plan to do putting the knowledge acquired in the field. A glimpse of evaluation from participants (below) shows how enthusiastic and motivated they became by the learning experience. As new trainers, they are ready to transfer knowledge to other colleagues, to develop microfinance in their own countries, and to change the lives of the poor. Some have not even hesitated to say that they have already started using knowledge acquired from the course and changing their business process at their workplace.

One of the most important global Millennium Development Goals is the eradication of poverty and microfinance provides opportunities to the poor to have access to financial services that can empower them to break free of poverty. It is enlightening to know many of the course participants set their goals to poverty eradication in their home countries or internationally as microfinance practitioners.

Here is a selection of comments from the participants of the MFTOT8 Course.

MFTOT8 Participants Voice.pdf

MFTOT 8 Accreditation Certificate