C. ACTION PLAN

Upon the completion of the training sessions, each participant was asked to sketch an action plan to be implemented in his/her organization. The followings are suggestions of actions commonly and specifically addressed by the training participants:

 

  1. To work with interested countries in starting a pilot project on “ how to start and run your own business”

  1. Create web-based credit institution system and database to enhance better networking and monitor loan.

  1. Establish Business Advisory Committee/Group to assist new and existing businesses.

  1. Conduct training for micro credit officers.

  1. Conduct training for trainers

  1. Organize training for the poor community on “how to start and run your own business”.

  1. Establish access to banks and other financial institutions, and search for other resources of fund.

  1. Reform the credit system

  1. Organize Regional forums for the exchange of ideas and best practices in micro finance.

  1. Provision of technical assistance to local MFI.

  1. Exposure to other successful MFIs in other NAM countries.

  1. Setting-up legal framework for micro credit practices.