NARRATIVE REPORT

PART I. NARRATIVE REPORT

A. INTRODUCTION

On the job training is defined by the Business Dictionary as training that a person

is given while doing a job. At Central Philippine University, particularly the College of

Business and Accountancy, it requires all of its students to have their OJT before leaving

the four-walls of the school, and stepping into realities of life. It aims to apply classroom

learnings in the analysis of a functioning organization, to be a bridge between academic

work and actual business practice, and to give students training and advantage in job

selection.

OJT is one way to improve not only the mental capacity to comprehend texts in

the book, but also to explore all the aspects of life at work- the physical stress and the

mental pressure; It gives opportunity to us, students, to gain experience, acquire work

knowledge, and give importance to the reality of working. It will help us more about our
chosen field when we are immersed from, through OJT program. OJT will mold our

critical thinking, making sound decisions when things could be difficult for the reason

that having a proper training can prepare us for even more demanding work in the future.

OJT does not teach us academically only, but it also teaches on how to interact

with other people beyond our inner circle, the elites of the company and its employees.

As students, having OJT is entering into a new dimension of life- it will be

different than a normal standard teaching. OJT will bridge the gap between unfathomable

texts of the book and the fears of our future. Finally, OJT is the affirmation of the line,

Experience is the best teacher.

To begin with, I am a third year B.S. Accounting Technology student and required

to complete 250 hours of apprenticeship as part of our curriculum.

I had undergone my training at Taytay sa Kauswagan Inc. (TSKI), located at

National Highway, Brgy. Moli-ai, Pavia, Iloilo. I started my duty on April 18, 2017, and

ended on June 9, 2017.

I was together with my other apprentices, 4 students under Accountancy program

namely: ________, _________, __________, _________.

I was introduced and assigned to Maam KC (complete name), upon

recommendation of Maam Diana, for 2 weeks of training. After which, I was assigned to

Maam Raymen and Maam Cheryl.

 In my first week as an apprentice, Maam KC introduced first to me on how do

they record transactions and explained the nature of their accounts before she taught me

on how to do her work on excel. There were 4 works done by a bookkeeper: 1) To

analyze and make monthly financial statements, and consolidated trial balance, 2) Update

all reconciling items, including bank reconciliation and due to and from to make any

necessary adjustments, 3) Filing and reporting Liquidation reports from their respective

branches, 4) Doing all the requirement schedules of the internal audit such as schedule of

accrued expense, rent, expense, miscellaneous expense, transportation expense, taxes and

licenses, meal allowance, office supplies expense and accounts payable.

I was assigned on making bank reconciliation. Bank Reconciliation

means___________________. In the accounting department, there were areas to

remember on making bank reconciliation: 1) Deposit in Transits, 2) Outstanding Checks,

3) Interest Revenue, 4) Short/Over statements, 5) Unrecorded Transactions, and 6)

Erroneous Transactions. To start off, after the end of each month, branches will submit

their reports called Blotters Report. The report had contained only contain day-to-day

transactions which are called O.R. numbers. Those numbers had their reconciling items

that were found in the general ledger of the company. After reconciling, the amounts were

again reconciled in the branches passbooks. If in any case one or more amounts at the

blotters report were missing, they were treated as erroneous entries; if some amounts

were bigger or lesser than their face amount, they were treated as short/over statements.

What was left in the general ledger of the company shall be now questionable to the
branches manager. Next was to encode all passbook amounts, that was sent by the

branches, to the excel. There were 2 purposes: 1) Cash Voucher under Withdrawals were

transferred and reconciled at cash disbursement section, and 2) Deposit amounts were

served and used as another reconciling amount to be used by the bookkeeper. Deposit in

Transit mean ______________ Next was to reconcile amounts in the blotters report to the

amounts under the deposit section while withdrawal amounts were transferred to the cash

disbursement section. Amounts found at the cash disbursement with no corresponding

amounts from withdraws will be transferred to the outstanding check section.

Outstanding checks are _______________. Amounts transferred from cash disbursement

section were checked if they qualified as reconciling item, then remaining amounts that

were transferred are treated as unrecorded entries. ORs with erroneous amount, after

deducting the General Ledger and OR amount, and remaining entries at the General

Ledger, they were treated as erroneous amounts and transferred to the erroneous section.

After those procedures, I changed the ending balances of the book and bank. For book, I

got it from gold rush, the accounting system of the main branch. For bank, it was the

balance of the last operating day of the month. So this cycle had been repeating for 2

weeks.

After Maam KC, I was assigned to Maam Raymen. She was Area 4- Mindoro

Branches. Although few yet remarkably its one branch was the hard-headed branch of all

branches held by any bookkeeper. I was assigned to her for another week to finish what

to be finished.
 After Maam Raymen, I was assigned to Maam Cheryl. My assignment to her was

sorting and filing hard copies of Journal Entries from ___ branches in 2016 and 2017. I

was tasked to sort it by area, by branch, by month in ascending order. After which, they

were needed to be punched and inserted with fastener, put it to the folder, and, then,

transferred them to each of their respective boxes with label in Area order. After a week, I

was assisted by my other co-apprentices, and we were able to finish it in 2 weeks.

For my voluntary services that I had given to my department, I was assigned one

time by Maam Diane and Charo to photocopy their paperwork. They also asked a favor

from me to buy the external auditors and directors of the company food.

B. DESCRIPTION OF WORK PERFORMED

As an apprentice, I was tasked to do the following responsibilities:

Updates all reconciliation statements including bank reconciliation and

due to due from and make necessary adjustments under Maam KC and

Raymen.
Sorting and Filing hard copies of Journal Entries of each branch for each

area by year, month, and journal entry number in ascending order under

Maam Cheryl.
Volunteer services like random requests of the supervisors (e.g.

Photocopy, editing, food searching, etc.)

C. PRINCIPLES, CONCEPTS AND SKILLS WHILE AT WORK

 The works prepared by the bookkeeper were founded within the accounting world

of knowledge. Such theories may not be the same in actual work yet knowledgeable. One

example was the bank reconciliation. Although we were taught how to do the bank

reconciliation yet the approach was always different across companies from different

countries and to kinds of formation. In basic accounting, we were always reminded of the

principle of Matching, ______________.

In my first week, I had applied the teaching of Maam Benecio on Typing. She

made it easier for me to be more productive and efficient to my work as I didnt need to

look at my keyboard every time I needed to copy or paste an entry, value, or multiple

sheets.

Also, to prevent myself from copy and paste rhythm, I used VLOOKUP approach

since I was using excel. It was under Sir Pescos when I learned that lesson. I also taught

my supervisors and my co-apprentice to separate the windows of excel so that

simultasking was present and fasting-approach for a better service and faster reports to

their head branch managers.

I also used shortcuts to determine whether amounts are signifying truthfulness or

falsehood by putting IF values. By that approach, fraud issues were detectable, if not

caught.
 Having knowledge in using computer was also an advantage for millennials that I

was able to absorb all of the learning in a manner that was faster, more effective, and less

time consuming your productivity.

D. MAJOR LEARNING FROM PRACTICUM EXPERIENCE

The path, that I took, had taught me about the perspectives of work, as well as

life. These experiences will also help me along the way even if my journey could end in a

different horizon.

The practicum program was a big help for me as a student to experience job reality in

the field of accounting. I acquired a lot of knowledge and learned that I can use those in

the future as a bookkeeper, cost accountant, or an accountant in the near future.

First, it was nerve-wrecking since I had daydreams of failing to meet their standards

or letting my school, as well as my supervisors, down for not raising my standards to

theirs, but I never let them down anyway and even exceeded their expection.

Second, devotional had been helping me to regain the faith that was lost between

Jesus and I. There were far less expectations for me to grow and have new relationship

with God but maybe it was about time to have a true reconciliation with him

Finally, TSKI had been amazing to me ever since I stepped inside of its building.

They are happy, cheerful, welcoming, beautiful, open-minded people who can change the
point of your view about anything you believe in since they were bestowed by the

wisdom of God.

Through this practicum experience, I was able to apply the knowledge I learned in

the classroom in the field. I realized that hearing about the things that happen in the field

than actually being a part of it is exciting but challenging at the same.

In school, we learned how general ledger works and other even studied about the

terms like debit and credit entry, cash advance, employee loan, accounts receivable,

liquation of cash advances and journal voucher. But during my practicum days, I

discovered the terms more thoroughly. I also ventured on how important these terms are

in the field of accounting.

In more than a month in the practicum ground, I also learned the essential things to

survive once I entered the workforce. I learned how to deal with different kinds of people

in the field. I have learned how to deal with my bosses as well as my co-workers in the

field. I also realized that patience is virtue in everything that we do

We must also love our work to achieve a positive outcome. I have learned also that

we must not work for our self only but we must work harmoniously with the team. In a

team we should contribute our ideas but we must listen to the ideas of the other members

of the group to achieve the companys goal and have a peaceful environment. With this

peaceful environment, we can easily achieve our goals because every individual in the

group contributes for the companys success. I know that if everything seems goes
wrong all we need to trust to our God almighty because with God nothing is impossible. I

was able to use it as my source of inspiration in doing things in the work place as a

practicum I ask question to my mentor if there are things that are not clear for me. I have

striven harder to achieve my goals in life and do all things correctly with the help of other

and with the guidance of our Lord Creator.

We dont need to rush up things because I know God has a better plan for us if we

are willing to wait for the right time that comes. I know that all things were not easy to

achieve all we need in order for us to achieve such thing is to work hard for it.

We dont need to rush up things because I know God has a better plan for us if we

are willing to wait for the right time that comes. I know that all thing are not easy to

achieve all we need in order for us to achieve such thing is to work hard for it.

I have learned also that we need to show respect with each other. We must respect

those people that are older to us. Respect starts with us; we cannot give respect if we

cannot respect ourselves. We can give respect by greeting others politely like saying

thank you and welcome.

I had also learned how to manage my time as a student and a practicum trainee. I

need to manage my time in school and in office. I made sure that my subject would not be

affected, even sometimes I get busy with the office work. I really make time to take a

break and study my lessons if I have exams.

 I have learned also that we need to show respect with each other. We must respect

those people that are older to us. Respect starts with us; we cannot give respect if we

cannot respect ourselves. We can give respect by greeting others politely like saying

thank you and welcome.

I have also learned how to manage my time as a student and a practicum trainee. I

need to manage my time in school and in office. I made sure that my subject would not be

affected, even sometimes I get busy with the office work. I really make time to take a

break and study my lessons if I have exams.

I have also learned how to handle stress in the work place. As a professional, we are

expected to act accurately. Even though we are sometimes stressed or if we have a

problem all we need to do if we are in this situation is just to smile and act just like

nothing is going wrong. As people in the business, we are facing with our customer so we

are required to show them that we are in the proper disposition and that we are not

affected with our problems in life.

I have also learned that we need to be clean inside and outside especially with our

thoughts to be able not to hurt the feelings of others if we are careful of what we are

saying. And as a business people we are expected to dress up properly as we face to our

customer, so it is very good if other people sees that you are tidy and well-groomed since
it would be pleasing to their eyes, and well boost your self confidence in facing the

public.

Through this practicum experience I have also learned of what is the importance of

my accounting subject in the actual operation of business. And because of this I also learn

the importance of General Ledger in their daily operation, and what is liquation for cash

advances all about and the Journal Voucher. Because of this, I realized the value of

accounting subject in the daily operation of businesses. I can say that learning in the

classroom is not enough knowledge for a student but it should have the actual practice of

learnings. Most of all I learned also that we need to love and enjoy our job, because if

you love and enjoy of what you are doing everything would be very easy and enjoyable

for you.

All my good experiences, knowledge, and skills I gained during my On the Job

Training at Taytay sa Kauswagan Inc. will be most cherished and I am ready to apply it

inreality in the future.

ANALYSIS REPORT
PART II. ANALYSIS REPORT

INTRODUCTION

Microfinance refers to an array of financial services, including loans, savings and

insurance, available to poor entrepreneurs and small business owners who have no

collateral and wouldnt otherwise quality for a standard bank loan. Most often,
microloans are given to those living in still developing countries who are working in a

variety of different trades, including carpentry, fishing and transportation.

Microloans typically are not more than several hundred dollars. Examples of

those uses include money for tools to start work in construction, or makeup and other

supplies needed to become a cosmetologist. Because they are the ones that commonly use

profits to provide for their families with things like food, clothing, shelter and education,

women currently comprise roughly two-thirds of all microfinance clients. The goal of

micro financing is to provide individuals with money to invest in themselves or their

business to help get them out of poverty. When providing loans, micro financing

institutions do not require collateral, but do insist that the loan is repaid within six months

to a year.

Microfinance is available through microfinance institutions, which range from

small non-profit organization to larger banks. Microfinance institution includes both

profit companies, like General Electric Consumer Finance and Citi Microfinance, as well

as a non profit organization such as Accion and BRAC. Among the services they offer are

small loans, help setting up maintaining a savings account and money transfers, as well as

help obtaining insurance for a variety of needs, such as death, illness or loss or property.

In order to keep their services running, microfinance institutions typically charge

significantly higher interest rates than those on a traditional bank loan. While many for

profit microfinance institution have come under the fire cashing in on the difficulties of
poor, research from the consultative group to assist the poor found that the majority of

clients borrow from microfinance institution that charge less than 30 percent interest rates

and realize less than 30 percent return on their equity.

The most recent data from the World Bank estimates there are more than 7,000

microfinance institution worldwide, serving 16 million clients. In totality the

microfinance institution have provided more than $2.25 billion in loans and other

financial help.

In some regions, like for example South Africa, microfinance is used to describe

the supply of financial services to low-income employees, which is closer to the retail

finance model prevalent in mainstream banking.

For some, microfinance is a movement whose object is a world in which as many

poor and near-poor households as possible have permanent access to an appropriate range

of high quality financial services, including not just credit but also saving, insurance and

fund transfers. Many of those who promote microfinance generally believe that such

access will help poor people out of poverty, including participants in the Microcredit

Summit Campaign. For others, microfinance is a way to promote economic development,

employment and other growth through support of micro-entrepreneurs and small

businesses.

Microfinance is a broad category o services, which includes microcredit.

Microcredit is a provision of credit services to poor clients. Microcredit is one of the

aspects of microfinance and the two are often confused. Critics may attack microcredit

while referring to its indiscriminately as either microcredit or microfinance. Due to the

broad range of microfinance services, it is difficult to assess impact, and very few studies

have tried to assess its full impact. Proponent often claims that microfinance lifts people

out of poverty, but the evidence is mixed.

Microfinancing produces many benefits for poverty stricken, or low-income

household. One of the benefits is that it is very accessible. Banks today simply wont

extend loans to those with little to no assets, and generally dont engage in small size

loans typically associated with micro financing. Through micro financing small loans are

produced and accessible. Micro financing is based on the philosophy that even the small

amounts of credit can help end the cycle of poverty. Another benefit of produced micro

financing initiative is that it presents opportunities, such as extending education and jobs.

Families receiving micro financing are less likely to pull their children out of school for

economic reasons. As well, in relation to employment, people are more likely to open

business that will aid the creation of new jobs. Overall, the benefits outline that the micro

financing initiative is set out to improve the standard of living amongst impoverished

communities.

There are also many challenges within microfinance initiatives which may be

social or financial. Here, more articulate and better-off community members may cheat

poorer or less educated neighbours. This may occur intentionally or inadvertently through
loosely run organizations. As a result many microfinance initiatives require a large

amount of social capital or trust in order to work effectively. The ability of poorer people

to save may also fluctuate over time as unexpected cost may take priority which could

results in them being able to save little or nothing some weeks. Rates of inflation may

cause funds to lose their value, thus financially harming the saver and not benefiting

collector.

The available evidence indicates that in many cases microcredit has facilitated the

creation and the growth of businesses. It has often generated self-employment, but it has

not necessarily increased incomes after interest payments. In some cases it has driven

borrowers into debt traps. There is no evidence that microcredit has empowered women.

In short, microcredit has achieved much less than what its proponents said it would

achieve, but its negative impacts have not been as drastic as some critics have argued.

HISTORY

Taytay Sa Kauswagan Inc. (TSKI) or Bridge to Progress was founded last

September 1, 1986. It was established towards lifting our least privileged brothers and

sisters from poverty by assisting them to develop income generating projects and jobs,

thus creating micro-enterprises.

 The organization is a member of an international network called Opportunity

International Network (OIN) participated by thirty-one countries and approximately

seventy-five partner agencies which are involved in micro-enterprise programs. On the

national level it is a member of the Alliance of the Philippine Partners in Enterprise

Development (APPEND), Microfinance Council of the Philippines, Inc. (MCPI) and the

Visayas Association of Microfinance Institutions (VAMI). On the local level, it is actively

involved with the Iloilo Code of NGOs and Iloilo League of NGOs.

Taytay Sa Kauswagan Inc. is the first micro-finance institution certified with ISO

9001 : 2000. The Governing Board of Certification International Philippines, Inc. headed

by its managing director Mr. Renato V. Navarette conferred the ISO 9001 : 2000

Certificate to TSKIs Board of Trustees during the celebration of its 21 st Anniversary on

October 1, 2007 with certification no. CIP 3985/07/09/533.

After successful completion of the assessment of Quality Management System the

Governing Board of Certification International Philippines certified TSKI to ISO 9001 :

2008 on September 25, 2010.

TSKI started its operation on October 1, 1986 with a start up capital of Php2,500.00

and three (3) employees. TSKI initially started with Micro Enterprise Development

Project (MEDP) or small loans to individual micro-entrepreneurs as a means to expand

their business, create jobs and strengthen the existing ones.

 In 1992, Professor Mohamad Yunus from Bangladesh visite Iloilo, City Philippines

and presented the Grameen Bank Methodology and encourage TSKI to adopt the group

loan concept in its microfinance operation.

In 1997, after 3 years of Grameen implementation, TSKI came out with its own

group lending methodology, a product of its learning from the Grameen method and

interaction with other methodologies present in the Philippines. The new method is

known as Proyekto Kauswagan sa Katilingban (PKK).

In 2002, TSKI established Microfinance SUCESS Institute-Business Development

Services (MSI-BDS) department to provide the needed capability training to its staff and

to its clients, a non-financial services aiming to improve their economic and/or

entrepreneurial activities.

In 2005, TSKI opened and inaugurated five (5) banks branches called Kauswagan

Bank or K Bank.

TSKI was established towards lifting our least privileged brothers and sisters from

poverty by assisting them to develop an income generating projects and job creating

micro-enterprises. TSKI had closely adhered to its role as catalyst in increasing

productivity through business development and holistic transformation.

2006 Highlights
 Institutionalization of TSKIs Community Development Program (Community

Based Entrepreneurial Development Program - CBEDP

Establishment of TSKIs BDS Microbiological Laboratory Testing Center, and

Kauswagan Design and Packaging

Health Insurance in partnership with Phil Health for region 8

Micro Insurance in partnership with Micro insurance Associates Agency

Philippines, In (MIAAPI)

2007 Highlights

TSKI - Phil Health MOA signing for all area of operations

TSKI and Phil Health signed Memorandum of Agreement to forge a long time

relationship in implementing the KASAPI (Kalusugan Sigurado at Abot Kaya sa

Phil Health Insurance)

The target beneficiaries or members in this program are the thousand

micro-entrepreneur clients of TSKI through out its area of

operations.

2008 Highlights

Given a License on Grassroots Entrepreneurship Management (Enterp-Eskwela)

 by ABS-CBN

Signed MOA with Micro ventures for the HAPINOY Program

MOA with Iloilo City Government and Metro bank Foundation, Iloilo Economic

Development Foundation for Jaro Big Market

Launching of program for Indigenous People (IP) in Guimaras, Anilao, and

Barotac Viejo

Launching of Kauswagan Products

Launching of Farmers Integrated Development Assistance (FIDA) program

2009 Highlights

Signed MOA with PETRON for Guimaras:

This is for the livelihood enhancement in the costal communities in Guimaras

previously affected by the oil spill

Distribute Pre and Post Harvest Facilities to farmers in San Dionisio, Iloilo

under the FIDA Program

Expanded area of operation to Northern Mindanao and Southern Tagalog.

TSKI hopes to:

Provide adequate financial assistance for livelihood and creation of jobs.

To educate the micro entrepreneurs on the basic skills of entrepreneurism and business

management. Extend consultancy services to guide the guide the direction and plans of its

beneficiaries properly.

VISION:

To see self sufficient families responding to the needs of their community and

pursuing a collective effort for their development.

MISSION:

To make the love of Jesus Christ be felt by the poor in our midst by providing

opportunities that promote spiritual transformation and total human development.

QUALITY POLICY:

Taytay Sa Kauswagan Inc. is a non-stock , non-profit Christian Development

Organization is committed towards total human and community transformation through

microfinance and other related services.

As the leader in microfinance industry in the country, it shall be responsive to the

needs and requirements of its stakeholders including applicable regulatory and statutory

requirements.
 In its pursuit of excellence, TSKI shall continually improve its people competencies,

processes, and resources in accordance with ISO 9001-2008.

TSKI CORE VALUES:

Commitment to serve the poor

Humility

Respect

Integrity

Stewardship and

Transformation

TSKIs OBJECTIVE:

To alleviate poverty by helping clients increase their income and create jobs among

the poor and to assist the development and expansion of small and micro enterprise.

THE PROGRAMS AND SERVICES:

For over a period of twenty five (25) years of operations, TSKI has been involved in

different programs that helped the poor in CALABARZON, MIMAROPA, Bicol, Region,

Visayas Region, Zamboanga Peninsula, Northern Mindanao, Davao Region,

SOCSARGEN, and Caraga. While its main trust for social development is micro-
enterprise, yet TSKI continues to pursue other programs that would address poverty in

the different sectors of our community. Central to the various programs that TSKI

implements, these are the major component services:

Livelihood Loans:

Center Based Loan - popularly known as Proyekto Kauswagan Sa Katilingban

(PKK), is a center based solidarity loan concept covering 20-45 clients in a

particular center.

Association - this is a loan window for the community based organizations

undertaking a communal enterprise that would enhance the viability and

sustainability of their association.

Individual Loan - it is where individual borrowers are being serve of their

financial need. Its collateralized and the loan amount is bigger.

Business Development Services:

Training

Staff Capability Training - it is a short course for staff development.

Clients - value formation trainings are conducted for clients to empower and

transform members and leaders in the community.

Technological Training - enhancement of the capability and knowledge of its

 clients in managing their business and input innovations.

Product Development

Design, Labeling, and Packaging - it is an assistance to develop the clients

product by improving its design, labeling and packaging.

Laboratory Analysis - it is an assistance to analyze the microbiological content

of the product and its shelf life.

Advisory and Business Consultancy - this is provided to clients who wants to put up a

new business, and also to existing ones who wants to further develop or strengthen their

business.

Community Based Organizing

Community Based Enterprise Development Program (CBEDP) hopes to build and

develop the entrepreneurial capacity of the ultra poor and self subsistence poor, while

organizing the community on enterprise and providing viable BDS and expanding

microfinance services in the community.

Farmers Integrated Development Assistance Program (FIDA)

Is innovated program designed for farmers in the countryside.

Indigenous Program (IP)

For Aeta is designed to improve the lot of the very marginalized sector of our

society by providing them the opportunity to increase their income and become

productive member of community.

Educational Assistance

TSKI has provided educational assistance program, in partnership with Kauswagan

Educational Foundation Inc. to deserving children of its clients. The educational

assistance covers the payment of school miscellaneous fees, book allowance, uniform

allowance and monthly living allowance.

The qualified children of clients should enroll in a 4 years college degree in school or

universities of their choice.

RECOGNITION RECEIVED:

Citation received for the past years

Largest Microfinance Institution in the Visayas

In 2004, TSKI was recognized by PCFC as the largest institution in the Visayas
 comparable to other MFIs due to its performance in outreach and loan portfolio.

The Outstanding Achievement Award for the MFI to reach 100 thousand clients

In 2004, TSKI was again recognized as the FIRST Microfinance Institution to

reach 100,000 clients level by the People Credit Finance Corporation making

TSKI the largest MFI in outreach in the country.

Ulirang Kabalikat Award Most Outstanding Microfinance Institution in the

Philippines for 2005. The Ulirang Kabalikat was the highest award given by

PCFC to its microfinance partner. This award encompasses the highest

achievement in different categories and characteristics of a microfinance

institution.

TSKI was also recognized by CITIGROUP and Microfinance Council of the

Philippines Inc. For having its clients won in the annual search for Micro

entrepreneur of the Year Award (MOTY) since 2004 to 2010.

Sara Branch client Nora Bagaforo is the 2010 MOTY National Awardee of

Maunlad Category.

Awarded as the Most Outstanding NGO Partner in the Visayas by the National

Livelihood Development Corporation (NLCD) 2011.

 TSKI was awarded the Most Outstanding Non-Government Organization in the

Philippines Regional and National Category during the SIPAG (Sustainable Income for

People in Agrarian Grassroots) Awards 2012 in connection with the 7 th Anniversary

celebration of the National Livelihood Development Corporation (NLDC) held at Crown

Plaza Manila Galleria, Ortigas Avenue, Quezon City, last September 29, 2012.

TSKI has been chosen among the 89 Non-Government Organizations (NGO) partner

of NLDC operating nationwide. NLDC is a government agency that is tasked to provide

financial institutional capability support to NGO, banks and other financial intermediaries

that are involve in eradicating poverty.

URBAN LEADERSHIP AWARD (ULA) in Microfinance

Taytay Sa Kauswagan Inc. Was conferred the Urban Leadership Award(ULA) by

Canadian Institute (CUI) in the Philippines in ceremonies held December 14, 2007 at the

Kalantiao Hall Sarabia Manor Hotel and Convention Center in Iloilo City.

TSKI was recognized for its lifting out of poverty the least privileged Filipinos

through microfinance, which has provided them with a substantial livelihood, thus

bringing the gap between poverty and progress.

License on Grassroots Entrepreneurship Management (Entrep-Eskwela)

 On January 28, 2008 TSKI receive its license on Grassroots Entrepreneurship

Management from ABS-CBN Foundation with complete set of Audio Visual materials in

conducting the Entrepreneurship training. TSKI is one of the APPEND member

organization given the license to conduct the said training in the country. The training

with 22 modules aims to enhance the capability of the clients in entrepreneurship

focusing the business they interested with.

First MFI Certified with ISO 9001:2000

The Governing Board of Certified International Philippines Inc. Headed by its

Managing Director Mr. Renato V. Navarrete conferred the ISO 9001:2000 Certificate to

TSKI Board of Trustees during the celebration of its 21 st Anniversary on October 1, 2007

with certification # CIP 3985/07/09/533.

After successful completion of assessment of Quality Management System the

governing board of Certification International Philippines certified TSKI to ISO

9001:2000 on September 25, 2010.

AREAS OF OPERATION
 TSKI is serving the regions of CALABARZON, MIMAROPA, Bicol Region,

Visayas Region, Zamboanga Peninsula, Northern Mindanao, Davao Region and Caraga.

It is made up of different cultures, religions and regional differences/peculiarities.

Almost of this areas are in poverty and in some cases are below poverty. They were

the ones who have limited means and opportunity in accessing to resources for their well

being (economic, socio-cultural, and political).

AREA 1 - M. Kalaw S, Oriental Mindoro (043)441-0507

AREA 2 - Poblacion Norte, Sigma Capiz (036)647 - 0088

AREA 3 - TSKI Corporate Office National Highway, Mali-ao, Pavia, Iloilo (033)300

- 6879

AREA 4 - Abellanosa Compound, #1504 Poblacion Pardo, Cebu City (032)272 -

1349

AREA 5 - CPG East Avenue, Tagbilaran City, Bohol (038)501 - 1349

AREA 6 - #772 Real Street, Fatima Village, Tacloban City (053)5209175

AREA 7/8 - Purok 5, Brgy. Rawis, Laoag, Northern Samar

(0917)6343874/09474671464

AREA 9 - Manalo Extension, Puerto Princesa City, Palawan (048)434 - 1264

AREA 10 - Alojado St., Centro Norte, Culasi, Antique (036)277 - 8653

 AREA 11 - 3rd Floor, Rm 101, Tamayo Bldg., Capitol Rd., Surigao City (086)826 -

854

AREA 12 - Door 1 & 3 LDL Bldg., Mitsuibusan Village, Bajadu, Davao City

(056)333 - 6823

AREA 13 - Brgy. 4 - A, Mabini Extension, San Pablo city, Laguna (0917)6344306

AREA 14 - 2nd Floor, Bajamunde Bldg., Gonzales St., Central Brgy., Dipolog City,

Zamboanga Del Norte (065)212 - 4148

AREA 15 - 4th Floor AYS Bldg., Dabatian, Carmen, Cagayan De Oro City (088)2660

AFFILIATION

TSKI is a member of an International Network called Opportunity International

Network (OIN) participant by 31 countries and approximately 75 partner agencies

which are involved in micro-enterprise programs. On the national level, it is a member of

Alliance Of Philippine Partners in Enterprise Development (APPEND), Micro-finance

Council of the Philippines, Inc. (MPCI), Visayas Association of Micro-finance

Institutions and Iloilo League of NGOs.

Design, development and provision of micro-finance loan, training, business

development and community-based enterprise development services.

 ISO 9001:2008 certificate is valid for 3 years until 24 th of September 2013. This

certification will be instrument for enhancing the competitiveness of TSKI as an

organization and for meeting its customers needs and expectations.

ORGANIZATIONAL PERFORMANCE AND HIGHLIGHTS:

As of June 2013

No. of clients: 283, 137

No. of Branches/District Offices: 98

No. of Municipality Covered: 431

No. of Centers: 9,485

Total Loan Portfolio: 891,647,880.90

No. of Staff: 2,042

TSKI was established towards lifting our least privileged brothers and sisters from

poverty by assisting them to develop an income generating projects and job creating

micro-enterprises.

TSKI had closely adhered to its role as catalyst in increasing productivity through

business development and holistic transformation.

The Officers of TSKI:

Below are the members and officers of the Board of Trustees of TSKI:

ANGEL L. DE LEON JR.

Board of Trustees Chairman

FRANKLIN L. LOPEZ PABLO R. NAVA III

Treasurer Corporate Secretary

 RICARDO A. GURREA JR.

Vice - Chairman

MARY PATRICIA.V.

REYNALDO ZINNIA TAJANLANGIT RAMON B. DEMETRIO

BUENAFLOR
L. LIGASAN P. TERUEL Member P. SONZA
Member
Member Member Member

The day to day operation of TSKI is supervised by its Executive Director, Mr.

Angelo

B. Solarte, who has a vast experience in microfinance industry for years.

Meanwhile, the following people are TSKI senior officials based in its Head Office:

NAME POSITION

1. Emma P. Alianza Director for Finance and Accounting

2. Cynthia S. Alianza Director for Management Service

3. Reynaldo T. Ambao Director, MSI-BDS

4. Ritzie Mar B. Apaitan Director for Operation

5. Agustin G. Lacson Regional Manager

6. Francisco Cruz III Regional Manager

7. Ramon Ferer Area Manager

8. Mary Grace S. Quiobe Area Manager

9. Mary Grace Salac-Nequinto Area Manager

10. Emily S. Felomino Area Manager

11. Wilfredo Pericon, Jr. Area Manager

12. Jesus Ronquillo Area Manager

13. Rebecca Gabayoyo Area Manager

14. Rhodora Montaya Area Manager

15. Ramie Proceso Area Manager

16. Gertrudes Armachuelo Area Manager

17. Michael Sullano Area Manager

18. Jovanie Autencio Area Manager

19. Ana May S. Mina Area Manager

20. Annaline Manahan Area Manager

21. Bernard Benedict L. Dela Pina Operations Audit

22. Janet Carmen Finance Manager

23. Rosalie Aroyal Transformational Officer

24. Beverly Joy M. Navigar HRD Manager

25. Eldina A. Gison Admin Manager

26. Ebenerzer W. Delariman IT Manager

27. Diana Jean Gallardo Accounting Manager

28. Roxie A. Abagatnan RID Manager

29. Franklin L. Lopez QMR

 30. Iris F. Camangon CED Manager

31. Ronnie S. Camangon FIDA OIC

32. Peter Montalban Internal Auditor

PROBLEMS

As a micro-financing company, it is expected that TSKI caters to a lot of clients. In my

four months of staying with the company as an OJT, I have observed the following

problems in the workplace:

Short of Employees. With the increasing number of clients they cater,

sometimes the number of employees of TSKI is not enough.

Limited office space. The space of the accounting office is quite small for all

the people that work in the area. The space of their stock is quite small and

should be arranged well.

RECOMMENDATIONS:

As an OJT of the company for four months, I have created a strong sense of

compassion not only with my job but also to the people of TSKI and the people they

cater. Therefore, I humbly recommend the following suggestions for it to be a more

effective institution.

Expand office space since bigger office could give good working ambiance

File their clients folder alphabetically- clients folder should be filed

alphabetically for faster locating the files.

They must hire employees to lessen the workload of others

There must be equal distribution of work for each employees.

CONCLUSIONS

Therefore, I conclude that having on job training as part of our curriculum seems

like our final test towards the real word. The OJT gives as a glimpse of what life will be

like after we graduate in college.

The OJT seems like a final practical test of what we learned in the four corners of our

classrooms. The experience feels overwhelming since we were able to finally apply what

we have learned in the books. Being an OJT enabled me to embrace the beauty of being a

student and at the same time, someone who is prepared to be on the field. It thought me to
value my education since this will be my weapon when I enter the real battle in the field

in the near future. Our limited time at the office also thought me to value the time given

to us and utilize it with purpose. It thought us to manage our time well, which will be

essential when we get to land a job someday.