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Home›News›CPEC – A networking

CPEC – A networking

By Connex Design
12 May 2015
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It is now question of networking of microfinance institutions operating in the country. This was also the central theme of the workshop which was held yesterday at the People’s Palace.
Microfinance booming in Djibouti. This is why management of microfinance in Djibouti Social Development Agency (ADDS) was able to identify the weaknesses and has developed international technical assistance in promoting the sector. And this, remember, in collaboration with the Central Bank of Djibouti and the State Secretariat for National Solidarity. It is now question of networking of microfinance institutions operating in the country. This was also the central theme of the workshop which was held yesterday at the People’s Palace.
The meeting brought together locally Secretary of State for National Solidarity Zahra Youssouf Kayad, the budget minister, Ahmed Bodeh Robleh, the Acting Director of the ADDS, Dirieh Suldan Farah, director of microfinance, Abdallah Houmed Mohamed, the consultant for development, Mansour Ndiaye and fifty anonymous. Zahra Youssouf Kayad and several other speakers successively highlighted the promotional efforts of the NSIS, turned to the development of microfinance.
In this context, the State Secretariat for National Solidarity has set up a five-year strategy (2012-2016) which takes into account all the concerns of stakeholders.
Priority is now given to the consolidation of the financial situation of the popular savings and credit unions (CPEC). Another aspect not least NSIS policy is staff training on standard accounting principles of microfinance institutions.
From the collective acquisition of good governance practices necessarily depends the strength and financial transparency of microfinance institutions. This is a class whose satisfaction will have a positive impact on the networking of Djibouti city of CPEC, north and south.
Lens Achieving involves the definition of a global vision around which all actors will be gathered CPEC.

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    The Djibouti Social Development Agency, a public administrative establishment, resulting from the merger of the former Djibouti Agency for the Execution of Public Interest Works (ADETIP) and the former Social Development Fund (FSD) project.

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