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120 individuals in Ditsaan-Ramain undergo financial literacy training

Islamic Relief Philippines in partnership with the Ministry of Trade, Investments and Tourism Lanao del Sur Provincial Office conduct financial literacy and enterprise development training in Brgy. Barimbingan in Ditsaan-Ramain, Lanao del Sur to upskill 120 household members in managing small enterprises. (Jason Casas/PIA-10/Lanao del Sur)


MARAWI CITY, Lanao del Sur (PIA)--Some 120 household members in Barimbingan village in the municipality of Ditsaan-Ramain have undergone financial literacy and enterprise development training to upskill them in managing small businesses.

The training was conducted by the Islamic Relief Philippines in partnership with the Ministry of Trade, Investments and Tourism Lanao del Sur Provincial Office on August 23-24, 2022.

Islamic Relief Philippines Area Programme Manager Sittie Jamairah Disomimba said the training aims to help the villagers engage in small enterprises and teach them how to grow their businesses.

Disomimba said the training was provided as part of the livelihood component of Islamic Relief's  Sustaining Transformative and Resilient Initiatives in Vulnerable Communities (STRIVEC) in Ranao Philippines, a three-year project intended to help internally displaced persons (IDPs) from Marawi City and their host communities.

Funded by Islamic Relief Canada, the project targets to assist 600 households in six villages of Ditsaan-Ramain municipality, namely, barangays of Lumbatan, Linamon, BuadiAlao, Bagoaingud, Maindig, and Barimbingan.

The 120 Barimbingan villagers were the fifth batch of trainees benefitting from the said project. They were divided into self-help groups (SHGs) composed of 10 members depending on their interests and livelihood proposals.

After their training, each SHG would receive P50,000 cash grant as start-up capital for their chosen livelihood. Other needed equipment that cannot be purchased with the cash grant will also be provided by Islamic Relief.

Aside from financial management, the SHGs will also be taught about market development and those who will engage in skills-based livelihood will further undergo skills development and/or enhancement training.

“What we are making sure of is that their proposed businesses fit the community. Hindi pwede ang something na hindi mapapakinabangan o mapagkakakitaan sa barangay [something that is not useful and profitable for the barangay is not allowed],” Disomimba said. 

Meanwhile,  Barimbingan Barangay Chairman Abdillah Abdulazis is thankful to Islamic Relief for all the assistance it has poured into his village.  He said that financial literacy and enterprise development training would be of significant help in the livelihood of his constituents as it would teach them to properly manage a business.  (APB/PIA-10 Lanao del Sur)

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