Nama’a Academy Celebrates Graduation of 28 Certified Microfinance Officers

Nama’a Academy Celebrates Graduation of 28 Certified Microfinance Officers
Nama’a Academy, in partnership with the Small Projects Development Authority, proudly honored 28 graduates of the Certified Microfinance Officer (CMFO) program. The training, which spanned 20 days with four hours of instruction each day, totaled 80 hours and was funded by the Supreme Agricultural and Fisheries Committee alongside the Bunyan Development Foundation (BDF).
The CMFO program aimed to equip participants with essential skills and knowledge for finance officers in small and micro enterprises. Trainees learned about the key responsibilities of finance officers, the loan granting cycle, and the significance of credit feasibility studies. The curriculum also included practical applications of financial statements—such as income statements, cash flow statements, and balance sheets—along with risk assessment and proposal development.
Mr. Ahmed Al-Kabsi, President of the Public Authority for the Development of Small and Micro Enterprises, congratulated the graduates, praising their dedication and encouraging them to pursue further educational opportunities. He commended Nama’a Academy’s efforts in fostering a culture of microfinance within the community.
Mohammed Al-Farran, President of Nama’a Development and Microfinance Foundation, emphasized the importance of these courses in raising awareness about microfinance's role in enhancing economic conditions and living standards. He noted that the CMFO course is just the beginning of a series of specialized training programs in microfinance.
Trainer Mr. Ziad Al-Sabri highlighted the program's success in meeting participants' expectations and recommended incorporating field visits and practical applications in future sessions.
At the conclusion of the program, certificates of participation were awarded to all graduates, marking a significant milestone in their professional journey within the microfinance sector