News Details

Magnus Trains Women Human Rights Group on MFI

Training participants and trainersOn October 1st, 2010, Magnus completed a five day microfinance training in which participants Women Human Rights (WHR) are trained on microfinance, its institutionalization and processes, ICT implications and accounting. There are roughly 500 groups of single women in the country who are supported by WHR and in the process of institutionalization into microfinance institutes (MFIs). The enterprise has been working with MFIs for the last six years and has the knowledge-base, experience and expertise in all four types of such institutions: 1) Grameen model MFI; 2) Saving and Credit Cooperatives (SACCOs); 3) Multipurpose Cooperatives; and 4) Developmental cooperatives. WHR cooperatives (or groups) are one of the developmental cooperatives in the country, where as, others are Small Farmers Cooperatives (SFCs) and Women Development Cooperatives.

In the training, participants are trained on following specific topics: 

Information and Communication Technology (ICT) - I

·       Introduction of Hardware & Software

·       Use of computer

·       Peripherals of computer

·       Role of computer in cooperative & community

Accounts

Introduction of Accounting System and Procedure

·         Introduction of Accounting System and Procedure

·         Types of Accounts

·         Journal Voucher Entry

 ·         Cash Book

 ·         Ledger

 ·         PL Account

 ·         Trial Balance

 ·         Balance Sheet

 ·         PL appropriation Account.

 MFI/Cooperative

 ·         History of Cooperatives/MFIs in Nepal

 ·         Principle of Cooperative

 ·         Planning on Cooperative

 ·         Budget and Fund Management

 ·        Types of Cooperative

 ·        Share and Dividend Procedure

 ·      PERLS reporting System

 Loan

 ·         Loan landing procedure

 ·         Interest Type

 ·         Collection procedure

 

Saving

 ·         Introduction of Saving

 ·         Category of Saving and its types

 ·         Important role of Saving

 ·         How we can raise the saving

 Governance and Management

 ·         Prevailing Leadership, Advice & Support System in the Society (Johari Window)

 ·         Way of thinking (Six Thinking Hats) and problem solving mechanism

 ·         Communication Skills

 ·         Risk Management

Co-Operative Software (SARAL BITTA) - ICT II

 ·         Introduction

 ·         Operation

 ·         Reporting

 ·         Accounting Management

 ·         Loan Management

 ·         Saving Management

 ·         Share Management Importance of Software in cooperatives         


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