As part of the series of Cooperative Formation Courses (CFC), the Training on Basic Cooperative Financial Management was conducted last March 30, 31 and April 1. It was attended by thirty-five participants from the officers and staff of the Bawa Yae Touk Myit Cooperative, CDA staff and officers of its civil society organizations (CSO) partners and the officers and staff of Union Cooperative Syndicates (UCS) both at the state and township level.
The topics covered in the training included basic management, budgeting, business planning, financial recording and review of the lending process.
Three newly-hired staff of the cooperative participated in the training as part also of the preparation for the launching of the cooperative and the start of the lending operations. An office at the Hlaing-bwe Township was selected and is undergoing repairs and upgrading. The launching was agreed to be held on May 11.