Financial Literacy Training, The Philippines
The International Finance Corporation (IFC), a World Bank Group member, is the largest global development institution focused exclusively on private sector development as a way to reduce poverty.
Comprehensive Learning Solutions worked with IFC and Bayer Crop Sciences Philippines on a project to improve smallholder farmers’ credit-worthiness and access to finance by educating farmers on the basics of accounting and finance. As part of that program, we also strengthened the training delivery skills of extension agents so they could communicate more effectively with farmers. Comprehensive Learning Solutions’ role was to (a) enhance IFC’s existing adult learning and financial education courses for a Filipino audience; (b) train 20 core trainers on three courses; and (c) provide remote support as core trainers cascade the training to 950 trainers who will train 100,000 farmers.
Comprehensive Learning Solutions overcame several project challenges: The target audience is located throughout the Philippines, speaks various languages, and has limited access to computers and limited time or interest for attending training or managing their finances. Comprehensive Learning Solutions worked closely with the clients to develop a flexible, manageable, practical training delivery strategy. With its emphasis on cross-cultural communications, adult learning principles, and customer-focus, Comprehensive Learning Solutions provided training that the core trainers found easy to understand and easy to teach to others.