With Ms. Sa Eun Park, an accredited Assessor and expert on Risk Management Graduation Tool from South Korea together with Ms. Anna Ria Manahan, program manager from Microfinance Council of the Philippines Incorporated (MCPI), conducted a 5 day Risk Management Needs Assessment for SEDP Simbag Sa Pag-Asenso Incorporated.
Risk Management Needs Assessment, a part of the MCPI Institutional Strengthening Program, aimed to evaluate SEDP’s practices on risk management using the Risk Management Graduation Model (RMGM) Framework which was presented to Rev. Fr. Jovic Lobrigo-President and CEO, selected board members, and senior managers of the company.
Ms. Park also conducted one on one private interview with senior managers and branch visits in Ligao and Libon during the assessment.
A debriefing has been also convened with SEDP during the last day of the activity. Initial results, recommendations and pilot initiatives have been presented and identified, wherein; clear social goals and competent human resource have been acknowledged as the company’s top strengths.
The action was made upon SEDP’s application to MCPI for risk assessment, wherein said consultants were hired by the latter to conduct such.