United Nations Development Programme

Russian Federation


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07.06.2010. One more training for Microfinance Institutions was organized in North Ossetia Alania

On 1-4 June 2010 second microfinance training seminar Loans, issued and attracted: population needs and maximum efficiency for representatives of microfinance organizations was carried out by Russian Rural Credit Cooperation Development Foundation in Vladikavkaz in the framework of UNDP Project in North Ossetia Alania Sustainable Integration and Recovery in North Ossetia-Alania.



The seminar was conducted by four training specialists and attended by 18 people, mainly from Credit Cooperatives supported by UNDP and other microfinance structures. During the seminar the emphasis was made on generation of cooperative funds and accounting issues in Credit Cooperatives. The lectures were followed by practical group exercises. The same audience is invited for further trainings during forthcoming seminars under the project.

On the last day of the seminar all the trainees were tested and got training attendance certificates. Above that, the seminar participants can further interact with the trainers that are recognized experts in the field of credit cooperation.

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