CCFiN Services
CCFiN is focused on supporting community finance association in rural regions progress to registered Credit Unions (CU). Once registered CCFiN continues to work with registered CUs and NGO members to ensure that co-operative principles are ingrained in the community. As a result, CCFiN offers technical training, co-operative knowledge, and organizational assistance to its members. This requires liaising both at the national and provincial government bodies and at the grassroots level.
CCFiN offers the following services to its members:
1. Needs Assessment / SWOT analysis
CCFiN provides rural community finance associations (CFA) with comprehensive needs assessment of their organization This needs assessment is conducted to determine whether the Community Finance Institution (CFI) is capable of progressing towards a registered CU once the original NGO donor phases out. During this needs assessment, CCFiN analyzes CFI financial data and operations in order to determine a projected timeline and programs for CU registration.
2. Capacity building & training
At the heart of CCFiN operations is a dedication to ensuring that community members have the knowledge and tools to develop and manage financial transactions at the individual and group level. Furthermore, CCFiN works with members to provide capacity building and training on community social development projects such as gender mainstreaming and international co-operative principles.
3. Technical support
CCFiN supports members with technical assistance on organizational and financial management. Establishing a CU at the grassroots level can be extremely difficult and each member faces their own unique set of challenges. CCFiN staff work with CFAs, NGO networks and registered CUs to troubleshoots challenges as they occur.
4. Governance best-practice
As per international co-operative principles, CCFiN works with members to develop organizations that understand and practice the seven principles of co-operatives. These principles include: 1) voluntary and open membership, 2) democratic member control, 3) member economic participation, 4) autonomy and independence, 5) education, training and information, 6) co-operation among co-operatives and 7) concern for community.
5. Monitoring & evaluation
CCFiN staff work tirelessly to monitor and evaluate members performance at all stages of development. Skills imparted at capacity building and training programs are regularly monitored and evaluated. This allows CCFiN to customize training for each member in order to ensure comprehensive capacity building. Furthermore, members organizational and financial bookkeeping are regularly monitored by CCFiN in order to ensure sound recording.
6. Communication with ministry for registration
Becoming a co-operative requires registration with either the Ministry of Interior (MoI) or Ministry of Agriculture, forestry, and fisheries (MAFF). CCFiN works with CFIs in order to property register with the government as licensed Credit Unions. CCFiN understands the challenges of communicating with the government, adhering to each ministry's mandates and requirements.
7. Research
CCFiN understands the technical and historical challenges of progressing a co-operative movement in Cambodia and implementing Credit Unions in rural regions. As a result, CCFiN staff with the support of international technical consultants continuously study the Cambodian financial and agricultural sector in order to better services offered. Some examples of research conducted by CCFiN are:
CCFiN offers the following services to its members:
1. Needs Assessment / SWOT analysis
CCFiN provides rural community finance associations (CFA) with comprehensive needs assessment of their organization This needs assessment is conducted to determine whether the Community Finance Institution (CFI) is capable of progressing towards a registered CU once the original NGO donor phases out. During this needs assessment, CCFiN analyzes CFI financial data and operations in order to determine a projected timeline and programs for CU registration.
2. Capacity building & training
At the heart of CCFiN operations is a dedication to ensuring that community members have the knowledge and tools to develop and manage financial transactions at the individual and group level. Furthermore, CCFiN works with members to provide capacity building and training on community social development projects such as gender mainstreaming and international co-operative principles.
3. Technical support
CCFiN supports members with technical assistance on organizational and financial management. Establishing a CU at the grassroots level can be extremely difficult and each member faces their own unique set of challenges. CCFiN staff work with CFAs, NGO networks and registered CUs to troubleshoots challenges as they occur.
4. Governance best-practice
As per international co-operative principles, CCFiN works with members to develop organizations that understand and practice the seven principles of co-operatives. These principles include: 1) voluntary and open membership, 2) democratic member control, 3) member economic participation, 4) autonomy and independence, 5) education, training and information, 6) co-operation among co-operatives and 7) concern for community.
5. Monitoring & evaluation
CCFiN staff work tirelessly to monitor and evaluate members performance at all stages of development. Skills imparted at capacity building and training programs are regularly monitored and evaluated. This allows CCFiN to customize training for each member in order to ensure comprehensive capacity building. Furthermore, members organizational and financial bookkeeping are regularly monitored by CCFiN in order to ensure sound recording.
6. Communication with ministry for registration
Becoming a co-operative requires registration with either the Ministry of Interior (MoI) or Ministry of Agriculture, forestry, and fisheries (MAFF). CCFiN works with CFIs in order to property register with the government as licensed Credit Unions. CCFiN understands the challenges of communicating with the government, adhering to each ministry's mandates and requirements.
7. Research
CCFiN understands the technical and historical challenges of progressing a co-operative movement in Cambodia and implementing Credit Unions in rural regions. As a result, CCFiN staff with the support of international technical consultants continuously study the Cambodian financial and agricultural sector in order to better services offered. Some examples of research conducted by CCFiN are:
- Baseline survey on CFI, Pre-CU, and CU organization
- Market research on financial services available in rural agricultural regions
- Process, cost, and benefit of Credit Union mobilization
- Process, cost, and benefit of loan/saving groups networking to become registered Credit Unions
- Gender issues as it pertains to finance, financial services, and Credit Unions
