Narrative Report

Title: Financial Literacy for Fiber Decorticators

Date: August 30, 2022
Participants: Fiber Decorticators
Facilitators: Ms. Beverly S. Medrano – TRIAS Focal Person
Ms. Joy A. Visitacion – Enterprise and Marketing Development Staff
The objective of the activity:
At the end of the discussion the participants are able to
 Understand financial options
 Smoothen household income vis-à-vis expenditure planning
 Use financial resources more effectively
 Build self-esteem and confidence
 Shift from reactive to pro-active decisions

Flow of Program:

 Preliminaries
- Opening Prayer
- National Anthem
- Cooperative Pledge
- Welcome Remarks and Acknowledge of Participants General Manager – Mr. Mario M.
Espeso
 Introduction
- Deliberate the flow of the Program
- Getting Acquainted of Participants – Joy A. Visitacion
 Discussion
- Discussed the objectives of the Training
- Introduction about the Financial Literacy
- Watching the videos that emphasized the importance of savings
- Conferred the Ten steps of Financial discipline

 Reporting/ Sharing
- The participants shared their experienced of saving and spending money.
- They also contribute their opinion on how they manage their financial.
 Closing
- Closing and evaluation was held by Ms. Beverly S. Medrano
Impact of the training
Financial Literacy is the knowledge, skills and attitudes required to adopt good money-
management practices for earning, spending, saving, borrowing and investing. At the end of the training
the participants were highly appreciated the importance of saving, how spending their money wisely and
learned the financial management that can they use to their daily lives and business.