Over 10 clients from quake-stricken areas such as Deyang, Mianzhu, Shifang etc. in Sichuan province, and local government officials were invited to this event, in which all participants recalled the efforts made in post-quake reconstruction in the past 10 years, and were looking forward to the future development. A client representative gifted a new year
Over 10 clients from quake-stricken areas such as Deyang, Mianzhu, Shifang etc. in Sichuan province, and local government officials were invited to this event, in which all participants recalled the efforts made in post-quake reconstruction in the past 10 years, and were looking forward to the future development. A client representative gifted a new year painting to CFPAMF for its great support. Vice Mayor of Mianzhu spoke highly of microfinance services provided by CFPAMF in post-quake reconstruction and he said that loans without collateral and guarantor provided by CFPAMF are welcomed by local clients.
On May 12, 2008, the magnitude 8 quake hit Wenchuan, Sichuan province, killing nearly 70,000 people and leaving nearly 18,000 people missing and millions more homeless. CFPAMF, at the first time, set up a branch in Mianzhu to finance local residents to rebuild their lives. With the business growth, so far, CFPAMF services have covered 10 cities and counties in Sichuan and benefited over 45,480 households involving total loans of RMB1.8 billion.
Best Credit Clients Awarded 4-day Tour in Beijing
On April 20, The Best Credit Clients award ceremony officially kicked off in Beijing. 40 clients of CFPAMF with high credibility were awarded 4-day tour in Beijing.
Mr. Liu Dongwen, President of CFPAMF, delivered a keynote speech at the ceremony and he said that these 40 clients are not only the best clients of CFPAMF, but also are models of Chinese rural residents. In the past 20 years, CFPAMF has provided comprehensive microfinance services to support local economic development. And in the future, CFPAMF will update services and diversify products to serve clients better.
Mr. Li Junxing, the representative of Best Clients, expressed his sincere thanks to CFPAMF, and he said that through this event, he knew the stories of other participants who acquired loans in their difficult time. As a loyalty client of CFPAMF, I am looking forward to more services such as insurance, chowmatistic business etc. by CFPAMF to improve our living standards.
Expertise on Latin American Microfinance Practice
On April 12, Mr. Bao Yongdong, former senior consultant to Inter-American Development Bank, gave a lecture on Latin American Microfinance Practice to CFPAMF staffs in Changsha office.
Enjoyable Collaboration with Branch Staffs
On April27, over 58 staffs from Yunnan, Guizhou and Chongqing regions as well as headquarter office gathered together in Kunming, beautiful capital city of Yunnan Province to share working experiences and learn from each other. Besides meetings, these colleagues participated in outdoor team building games. Enjoyable Collaboration with Branch Staffs is a flagship program for organization development.
2017 CFPA Microfinance Annual Report Is Available Online
CFPA Microfinance launched its 2017 annual report recently, and please click here for details.
Business Performance of April 2018