Microfinance Center’s Director Somphone Sisenglath receives Honorary Certificate of Appreciation from Lao People’s Revolutionary Youth Union’s (LPRYU) Secretary General, Mr Khamphanh Sitthidampa.

The Honorary Certificate was awarded to Mr Somphone in appreciation for the initiative to organize a two-day introduction to job opportunities in the Microfinance sector of the Lao PDR for 80 graduates of secondary and vocational schools late December 2009, in joint cooperation with the LPRYU. The Microfinance Introduction days were supported by the German Savings Bank Foundation (SBFIC) which is a long term strategic partner of MFC. Mr Timo Hogenhout, Microfinance advisor to MFC on behalf of SBFIC, also received an Honorary Certificate in his name.
At the official ceremony, held at the LPRYU central office in Vientiane Capital on Friday 5 February, Mr Somphone and Mr Timo learned that the LPRYU agreed to award both of them on 19 January 2010 in its decision nr. 37, following a positive evaluation of Microfinance introduction days. At the ceremony, LPRYU representatives expressed the wish to have more cooperation in the future. In response, Mr Somphone and Mr Timo expressed their gratitude for receiving the certificate and emphasized that the success of the Microfinance Introduction days was made possible by the excellent organization input of the LPRYU. Both said they will be very happy to have a close cooperation in the future with the LPRYU if and when there is the opportunity for MFC and SBFIC to do so.