Grameen Foundation : Resource Center : Print Newsletter : Fall 2005 : Asia Partners Citibank Mgmt Training
Training Builds our Partners' Management Capacity in Asia
Microfinance managers praise training series.
Thanks to a connection forged through a joint initiative of Grameen Foundation USA, Grameen Trust, and Citibank, the banking giant is lending one of its most valuable assets — banking management expertise — to many of our microfinance managers in the Philippines. The important alliance dates back to a 2001 forum organized by the three organizations in the Philippines, during which Citibank officials sat down with more than 60 microfinance leaders to learn more about the potential and challenges of the industry.It was an eye-opening experience for them and prompted new thinking about how Citigroup could help these organizations beyond giving money. This led to a collaboration between Citibank’s training department and our microfinance institution partners in the Philippines — CARD, NWTF, TSPI and ASHI — to create management training courses developed under Roger Collantes, Citibank’s training expert; Nina Aguas, the head of Citibank Philippines; and her team. The success of the training has prompted Citibank to team up with the prestigious Asian Institute of Management (AIM) in Manila to institutionalize the programs and extend it to more senior staff of MFIs throughout Asia.
Grameen Foundation : Resource Center : Print Newsletter : Fall 2005 : Asia Partners Citibank Mgmt Training
Grameen Foundation uses microfinance and innovative technology to fight global poverty and bring opportunities to the world's poorest people. With tiny loans and financial services, we help the poor, mostly women, start businesses and escape poverty. Our global network of 55 microfinance institution (MFI) partners including our Growth Guarantee partners has touched more than 34 million people in 24 countries. In addition, we introduced and now sustain technology initiatives (Mifos and Village Phone) in Cameroon, Kenya, Rwanda, and Uganda, bringing our total country outreach to 28.
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