Friday, October 9, 2015

MILF: BDA shares experiences to microfinance practitioners

Posted to the MILF Website (Oct 9): BDA shares experiences to microfinance practitioners

 Photo courtesy of Mindanao Microfinance Council

Photo courtesy of Mindanao Microfinance Council

The Bangsamoro Development Agency (BDA) has shared its experiences in implementing programs and projects in conflict affected areas to microfinance practitioners.

In a summit hosted by Mindanao Microfinance Council (MMC), Hamodi L. Tiburon, CPA and head of BDA finance division discussed the topic Developing Financial Inclusion Strategy for ARMM (Autonomous Region on Muslim Mindanao).

The event, 1st Microfinance Practitioners Summit, was held at Pinnacle Hotel at Davao City on October 1 to 2, 2015.

Tiboron also tackled Islamic Banking and Finance and even the norms, values, culture and attitudes of Bangsamoro people. He also highlighted Priority Programs on Economy and Livelihood under the Bangsamoro Development Plan (BDP).

The BDA finance chief took the opportunity to share to the summit delegates the real condition of the Bangsamoro, a group of marginalized people which have long been suffering from long history of religious, political, social and economic injustices .

He stressed the need for partnership with committed stakeholders towards achieving genuine and lasting peace and development in the Southern Philippines.

BDA is the economic arm of the Moro Islamic Liberation Front (MILF). It has been implementing rehabilitation and development projects with the assistance of various partners such as the World Bank, Japan International Cooperation Agency (JICA), United Nations Children’s Fund (UNICEF), United Nation’s Population Fund (UNFPA), Turkiye Diyanet Vakfi, Insani Yardim Vakfi, among others.

MMC is a national network of microfinance practitioners advocating poverty eradication in the country by providing ethical and inclusive financial and non-financial services.

During its annual general assembly in 2013, MMC has also invited Katiyakap, Inc. to educate its members on Shariah-compliant micro-financing. (With report from BDA)

http://www.luwaran.com/index.php/new/item/604-bda-shares-experiences-to-microfinance-practitioners

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