In celebration of Global Money Week 2025, a comprehensive financial literacy training was held on March 20, 2025, aimed at equipping participants with the knowledge and tools necessary to make informed financial decisions. The event was a collaborative effort between various organizations, bringing together industry professionals, educators, and community leaders. It not only highlighted the importance of financial literacy but also underscored the role of cooperatives in fostering financial inclusion and empowerment.
In celebration of Global Money Week 2025, a comprehensive financial literacy training was held on March 20, 2025, aimed at equipping participants with the knowledge and tools necessary to make informed financial decisions. The event was a collaborative effort between various organizations, bringing together industry professionals, educators, and community leaders. It not only highlighted the importance of financial literacy but also underscored the role of cooperatives in fostering financial inclusion and empowerment.
The event began with the Acknowledgement of Participants, led by Ms. Fatima A. Casaul, CRITS CDS II, who served as the emcee. She set a warm and welcoming tone for the day’s proceedings, acknowledging the diverse group of participants and encouraging everyone to actively engage in the sessions and activities ahead.
Following the introduction, Mr. Alberto A. Sabarias, the Regional Director of the Cooperative Development Authority (CDA) MIMAROPA, delivered the Welcome Remarks. In his speech, Mr. Sabarias emphasized the significance of financial literacy in both personal and community development. He highlighted how important it is for individuals to understand financial concepts, such as budgeting, saving, and investing, and how these skills can be used to enhance economic opportunities within communities, especially through cooperatives.
The Inspirational Message was presented by Ms. Camelle A. Bayben, the General Manager of MIFEDCO. Her words resonated deeply with the audience as she shared her personal experiences and insights into the importance of financial literacy for both personal success and collective growth. Ms. Bayben encouraged the participants to take the lessons learned from the day’s training and apply them in their daily lives, stressing that financial literacy is a lifelong skill that can create lasting change.
The next segment was the Introduction of the Resource Speakers, led once again by Ms. Fatima A. Casaul, CRITS CDS II. Ms. Casaul introduced the expert speakers who would guide the participants through various aspects of financial literacy, ensuring that each session would be informative and engaging.
The first training session was led by Ms. Niña Carmela C. Manlapaz, a Customer Service Associate / Loans and Credit Officer I at the Development Bank of the Philippines (DBP) Batangas City Branch. Her session focused on fundamental financial literacy concepts, including budgeting, saving, and credit management. Ms. Manlapaz provided practical tips and strategies for effective financial planning, emphasizing the importance of setting financial goals, understanding loans and credit, and managing personal finances responsibly.
The second training session was delivered by Ms. Eva Loraine R. Cataje, the Senior Cooperative Development Specialist of the CRITS-CDA MIMAROPA. Ms. Cataje’s session explored the synergy between savings, financial literacy, and the role of cooperatives in community development. She highlighted how cooperatives can provide essential financial services to their members, helping them improve their financial well-being. Her presentation emphasized the value of pooling resources, making smart savings decisions, and the collective power of cooperatives in fostering financial inclusion.
A significant highlight of the event was the Launch of the Kabataan Awards, presented by Mr. Jefhtee R. Panganiban, a Senior Cooperative Development Specialist at CPDAS. The Kabataan Awards aims to recognize and celebrate the efforts of youth who demonstrate exceptional leadership and initiative in financial literacy and cooperative development. Mr. Panganiban’s announcement marked a new chapter in encouraging young people to take an active role in shaping their financial futures and contributing to community development.
To conclude the event, Atty. Richard E. Ilagan, a Legal Officer, delivered the Closing Remarks. Atty. Ilagan acknowledged the valuable lessons imparted throughout the day, urging participants to continue learning and applying the principles of financial literacy in their daily lives. He emphasized that financial education is a key driver of economic growth and social development, and called on everyone to take responsibility for their financial well-being, both individually and collectively.
The Global Money Week 2025 Financial Literacy Training was a resounding success, offering participants a comprehensive understanding of the importance of financial literacy and the role of cooperatives in fostering sustainable economic growth. With a diverse lineup of experts and engaging activities, the event empowered participants to make informed financial decisions and take charge of their financial futures.
As the celebration of Global Money Week continues to inspire individuals around the world, this event served as a powerful reminder that financial literacy is not just an individual skill but a community asset that can transform lives and build stronger, more resilient economies. Through programs like this, communities are better equipped to navigate the complexities of financial decision-making, paving the way for a brighter, more financially secure future.
