ADFIAP, UP ISSI to build capacities for MSMEs

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ADFIAP and the University of the Philippines’ Institute for Small-Scale Industries (UP ISSI) inked a memorandum of understanding on October 28, 2009 in Makati City, Philippines, for a joint partnership to develop and promote training and capacity building for micro, small and medium enterprise (MSMEs) in the country and enhance their professional and business viability and sustainability. The ADFIAP Consulting (AC) service unit of the Association will take the lead on this initiative. AC has developed a holistic approach to MSME development starting with advocacy, social preparation, capacity building, networking, project identification, support infrastructures and finally, financing. The experience gained from this initiative will be documented and disseminated to all ADFIAP members that are into MSME sector financing.

Shown at the press briefing are (L-R): Cora Conde, Group Head of ADFIAP Consulting; Octavio B. Peralta, ADFIAP Secretary General; Fuimaono Falefa Lima, ADFIAP Chairman and General Manager of the Development Bank of Samoa; and Dr. Ruperto P. Alonzo, UP ISSI Executive Director. UP ISSI is a pioneer, innovator, and advocate in MSME training and development in the Philippines. Over the years, it has helped other countries in Asia and the Pacific build up their own MSME development capabilities.

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