As part of the replication of the project, a training entitled Training Course on Rural Finance and Cooperative Formation was held last October 20-22 in Yangon, for the Community Development Association (CDA). The main objective of the training was to share the concepts and methodologies used and the lessons learned in cooperative formation as implemented in Hlaing-bwe, Kayin State.
The training was participated by managers and supervisors of CDA working in other project areas particularly Ayeyarwaddy, Mandalay, Nay Pyi Taw and Rakhine. It is envisioned that the training will provide impetus to employ cooperative formation as a sustainability mechanism so that a community-based institution remains after the phase-out of CDA intervention.
The main topics covered include discussions of concepts on: rural financial market, the financial system, framework for the formation of sustainable cooperatives and the cooperative strengthening activities.