United Nations Development Programme

Russian Federation


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31.05-03.06.2011 Microfinance training seminar Improvement of management system in credit cooperatives

On 31 May - 3 June 2011 the last of four microfinance training seminar Improvement of management system in credit cooperatives for staff of microfinance organizations was carried out by Russian Rural Credit Cooperation Development Foundation in North Ossetia - Alania in the framework of UNDP Project Sustainable Integration and Recovery in North Ossetia-Alania.

The seminar was conducted by four training specialists and attended by 15 people, mainly staff members of Credit Cooperatives of North Ossetia-Alania. The emphasis during the seminar was made on preparation of financial reports of cooperatives, risks analysis and paper work. The lectures were followed by practical group exercises and active discussions with the participants of the seminar. On the last day of the seminar all the trainees were tested and issued training attendance Certificates. Above that, the seminar participants got the opportunities for further collaboration with the trainers that are recognized experts in the field of credit cooperation.

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