Microfinance Technology NC II course by TESDA equips people with skills to offer crucial loan services to small enterprises, aiming to boost economic growth and support start-ups by providing access to essential financial resources. The curriculum trains learners to interact with clients and understand microfinance products, aiding small business growth.
Also read: TESDA Establishing & Operating Micro-Small Medium Enterprises Online Course
The program enhances operational and administrative skills for microfinance, including marketing, managing loans, and financial record-keeping, to economically empower communities.
Benefits
Here are some benefits of taking this TESDA Microfinance Technology NC II course:
- Gain essential skills to support small or micro-enterprises through microfinance loans and services.
- Learn to identify potential areas for microfinance operations, enhancing your strategic planning abilities.
- Master the art of promoting microfinance products and services, improving your marketing skills.
- Develop expertise in forming and managing groups of microfinance clients, strengthening your leadership and interpersonal skills.
- Acquire proficiency in facilitating meetings, processing loan applications, collecting dues, and updating financial records, boosting your administrative and financial management capabilities.
- Contribute to economic development by empowering startups and small businesses with the financial tools they need to grow.
Career Options
A person with this Qualification is qualified to be:
- Microfinance Loan Officer
- Microfinance Project Officer
- Microfinance Account Officer
- Microfinance Socio-Economic Officer
Units of Competency
This qualification includes the following competency units:
BASIC COMPETENCIES
- Participate in Workplace Communication
- Work in Team Environment
- Practice Career Professionalism
- Practice Occupational Health and Safety Procedures
COMMON COMPETENCIES
- Provide Quality Customer Service
- Comply with Quality and Ethical Standards
- Perform Computer Operations
CORE COMPETENCIES
- Select Potential Area for Microfinance Operation
- Promote Microfinance Products and Other Services
- Form Group of Microfinance Clients
- Facilitate Center Meeting
- Process Application for Loans and Other Services
- Collect Dues
- Update Financial Records
Sample of Certificate of Completion
Training Duration
- Basic – 18 Hours
- Common – 74 Hours
- Core – 311 Hours
Total: 403 hours
Also read: TESDA Microinsurance Services (Mutual Benefit) NC II Course
Qualifications
Trainees or students looking to enroll in this course must meet the following qualifications:
- A high school graduate;
- Able to communicate orally and in writing
- At least 16 years old
- Must be physically and mentally fit
- Possesses good moral character
This list excludes specific requirements like educational level, relevant work experience, and other criteria the educational institution or training center may require from students/trainees in the TVET program.
Requirements
To enroll in this course, you will need the following documents:
- PSA Birth Certificate
- High School or College Diploma
- Certified True Copy of Official Transcript of Records or Form 137
- Certificate of Good Moral Character or GMRC
- 1 x 1 and/or 2 x 2 pictures
To obtain further details, please reach out to the enrollment site that aligns with your requirements. Kindly note that the criteria may vary.
Trainer Qualifications
- Must be proficient in computer skills.
- Must have achieved the relevant Civil Service eligibility (applicable for government training institutions).
- Must have a reputable moral character.
- Must hold Trainer Qualification Level II (TQ II) or equivalent as soon as the TESDA Board promulgates the TQ/AQ training regulations.
- Must possess Microfinance Technology NC II certification.
- Needs to possess strong communication skills.
- Preferably should have completed 18 education units.
- Required to have completed Training Methodology II (TM II).
- Should be in good physical and mental health.
- Should hold a B.S. in Business Administration, B.S. in Accountancy, or a related degree.
Microfinance Tech NC II trainers need computer skills and integrity for financial empowerment teaching.
Frequently Asked Questions
1. What is the duration of this TESDA course?
A: The total duration of this course is 403 hours, divided into basic, common, and core competencies.
2. Is there an age limit for taking this course?
A: Yes, you must be at least 16 years old to enroll in this program.
3. Do I need a college degree to take this course?
A: No, a high school diploma is the minimum requirement to enroll in this program.
4. What are the potential career options after completing this course?
A: This TESDA course qualifies you for roles like Microfinance Loan Officer, Project Officer, Account Officer, and Socio-Economic Officer.
5. Is the course recognized internationally?
A: Yes, the TESDA Microfinance Technology NC II course is internationally recognized and certified by TESDA. Recognition in other countries may vary based on their requirements.
Summary
Microfinance Technology NC II course enhances skills to support small businesses with microfinance services. It improves operational and administrative abilities, boosts economic development, and opens career paths in microfinance. Applicants must meet certain qualifications and provide required documents to enroll. Trainers also need appropriate qualifications and skills. Completing this program allows individuals to positively impact their communities by providing vital financial resources to small businesses.