MABS prepares Camalig Bank for expansion of microfinance services

The MABS technical team also facilitated focus group discussions with Camalig Bank’s clients held at the bank’s Daraga Branch.

The MABS technical team also facilitated focus group discussions with Camalig Bank’s clients held at the bank’s Daraga Branch.

Sixteen officers and staff of Camalig Bank participated in the refresher course and training held for the bank by MABS on July 22-24, 2009 in Legaspi City, Albay. The 3-day training was intended to assist and prepare the bank in the expansion of its microfinance operations.

MABS conducted a Senior Management Orientation for the bank’s representatives, which included the background, importance, and benefits of microfinance, as well as its significance to the bank’s Vision, Mission and banking strategies. The MABS technical team also trained the participants on handling market research and the principles and requirements for successful microfinance expansion. MABS facilitated a workshop on revising the bank’s microfinance operations manual, improving its lending procedures and policies and refining its definition of job responsibilities.

Camalig Bank’s top officers led by its president, Mr. Jose Misael Moraleda, and its operations head, Ms. Geraldine Moraleda, attended the training. Also in attendance were two members of MABS Service Provider, Punla sa Tao Foundation: Finance Manager Josefina Manuel and Associate Consultant Victor Madlangbayan.