Financial Education ToT Preps HFH Cambodia and MFI partner

The three-day Training of Trainers (ToT) on Financial Education began on September 3 to further equip housing finance and program staff, and MFI partner with the knowledge they need to be able to capacitate more people on the theme “Improve Your Home, Improve Your Life”.

The training is part of Habitat for Humanity International’s global strategy of creating Finance Education Impact through initiatives from the Global Financial Education Working Group. The training focuses on the transfer of knowledge and skills amongst trainers and then home partners in Following a Budget and Developing and Following a Savings Plan, which will eventually result into more families learning and actively demonstrating active savings, budgeting skills, responsible debt management and ultimately, access housing improvement and/or housing finance.

In the recent ToT held in HFH Cambodia facilitated by HFH AP, Housing Finance Manager, and HFH Cambodia Housing Finance Officer, the trainees were expected to be able to relate it to Habitat for Humanity, adapt and develop a new Financial Education Training guide for facilitators and home partners, and finally practice additional skills in adult learning and facilitation.

During the session, fun exercises were used to allow the participants to easily and clearly understand the concepts, drive their potential to share knowledge to villagers and encourage them to openly share their ideas. Mr. Sok Serey, Program Manager for Phnom Penh Housing and Community Development, shared after the training, “this training is really useful and it really helps in improving our staff capacity on housing finance. We now know how to assess families’ financial situations in villages we serve and work with. We are more confident that we can better guide families in assessing their capacity before any loan.”

The financial training which aim to “Improve Your Home, Improve Your Life” was participated by HFH Cambodia staff, including Credit Agents, Community Organizers, Project Officers, and Cambodian Business Integrated in Rural Development (CBIRD), Habitat Cambodia’s MFI partner in its Battambang Project.

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