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CFO conducts Basic Accounting and Entrepreneurship Seminar for Beneficiaries of LINKAPIL’s Livelihood Program Print
It is not enough that a project is funded. A project without a sustainability scheme in place fizzles out after the initial capitalization is used up. This has been the experience of the Commission on Filipinos Overseas.

On 26 January 2010, a free seminar-workshop on Basic Accounting and Entrepreneurship was conducted by Mr. Christian Harold G. Cruz, Administrative Officer III of the CFO, who addressed the thirteen (13) beneficiary-families of small-scale livelihood projects under the CFO's Lingkod sa Kapwa Pilipino (LINKAPIL) Program sponsored by the Philippine Barangay Society of Nigeria (PBSN).

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Mr. Christian Harold Cruz (middle, standing) conducts a bookkeeping workshop
for recipients of livelihood grant for the PBSN.

The seminar-workshop aimed at helping the beneficiaries of the PSBN donation on the proper way to start up a new business. It also focused on the factors that should be considered before venturing into a business. Topics on proper lending and borrowing were discussed to guarantee the continuity and sustainability of the enterprise and to prevent losses. Basic accounting lectures were given to help them determine if their investment had earned a profit. Activities were also undertaken to enable participants handle a business the proper way.

Mr. Jose Edison Tondares, Officer-in-Charge of the CFO's Project Management Division and Ms. Evelyn Duriman served as co-facilitators of the seminar-workshop.

A certificate of attendance was also awarded by CFO Executive Director Jose Maria J. Palabrica to the participants of the seminar-workshop.

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Awarding of Certificates (L-R):

Executive Director Jose Maria Palabrica, Ms.Basilia Dela Peña and Mr. Christian Harold Cruz.

 

Last Updated on Wednesday, 10 March 2010 16:16