Southern Leyte State University– Maasin City Campus started its week-long series of seminars for the conduct of the extension project AMUMA (Advancing Monetary Understanding and Management) on October 21, 2024. This training aimed to enhance financial literacy among the locals of Brgy. Sto.Niño, Macrohon, Southern Leyte.

Mrs. Junelen Inting, a very credible resource person, discussed financial literacy for farmers and fisher-folks. She was facilitated by a reliable faculty member of SlSU-MCC Mrs. Salvacion Teng along with the students namely Ms. Claraise Soriano and Mr. Mark Mendoza. The abovementioned SLSU-MCC faculty and students were assisted by the LGU- Macrohon representatives Mr. Harvey Galano and Mr. John Albert Kuizon.

This activity aligns with Sustainable Development Goals (SDGs), particularly SDG 1 (No Poverty), SDG 4 (Quality Education), SDG 5 (Gender Equality) and SDG 11 (Sustainable Cities and Communities). With the implementation of project AMUMA, Southern Leyte State University- Maasin City Campus remains determined in contributing to the beneficiaries’ life-long financial literacy.

Southern Leyte State University (SLSU) – Tomas Oppus Business Administration (BSBA) Department wrapped up its Project AMUMA (Advancing Monetary Understanding and Management) on September 20, 2024, with a final training session dedicated to fisherfolk in Brgy. San Isidro and Brgy. Punong.

On the last day of the week-long initiative, the BSBA Department continued its commitment to enhancing financial literacy among local fishing communities, supported by the Landbank Countryside Development Foundation, Inc. Participants were eager to absorb crucial information aimed at improving their financial management skills.

The session covered topics including effective investment strategies for fishing equipment, the importance of maintaining accurate financial records, and methods for assessing the profitability of various fishing practices. Participants also explored strategies for diversifying their income streams to build greater financial resilience.

An engaging workshop culminated the program, allowing attendees to create financial plans that addressed their individual circumstances. “This training has opened our eyes to the possibilities,” said a participant from Brgy. San Isidro. “We now feel more empowered to manage our finances and make informed decisions.”

Throughout the week, Project AMUMA aimed to cover all barangays within the LGU Tomas Oppus, focusing on the specific needs and challenges faced by local fisherfolk. Aligned with several Sustainable Development Goals (SDGs), particularly SDG 1 (No Poverty), SDG 2 (Zero Hunger), and SDG 8 (Decent Work and Economic Growth), Project AMUMA is dedicated to contributing to poverty alleviation, food security, and sustainable economic practices in the region.

As the program concluded, the SLSU – Tomas Oppus BSBA Department expressed gratitude to all participants for their enthusiasm and commitment. The skills gained through Project AMUMA are expected to have a lasting impact on the financial literacy and overall economic well-being of the local fisherfolk for a more secure and prosperous future.

Continuing its mission to enhance financial literacy, the Southern Leyte State University (SLSU) – Tomas Oppus Business Administration (BSBA) Department hosted Day 4 of Project AMUMA (Advancing Monetary Understanding and Management) on September 19, 2024. This session focused on empowering local fisherfolk in Brgy. San Antonio, Brgy. Maslog, and Brgy. Looc.

Following the successful training sessions of previous days, the BSBA Department engaged its members to create experiences for the participants. With support from the Landbank Countryside Development Foundation, Inc., Project AMUMA aims to equip fisherfolk with essential financial skills to help their economic challenges.

In this session, attendees explored into topics such as understanding credit and loans, the importance of establishing emergency funds, and strategies for negotiating better prices in local markets. Additionally, participants learned about the benefits of cooperative purchasing to reduce costs and increase profitability.

“Learning how to negotiate better prices will help us maximize our income,” stated a participant from Brgy. Maslog. As part of the week-long training initiative, Project AMUMA is designed to cover all barangays within the LGU Tomas Oppus, with a strong emphasis on addressing the specific financial needs of the fisherfolk community. By focusing on practical knowledge, the project aims to uplift the economic stability of local fishermen, fostering sustainable practices.

Aligned with Sustainable Development Goals (SDGs) such as SDG 1 (No Poverty), SDG 2 (Zero Hunger), and SDG 8 (Decent Work and Economic Growth), Project AMUMA actively contributes to poverty alleviation and food security in the region.

Southern Leyte State University (SLSU) – Tomas Oppus Business Administration (BSBA) Department proudly continued its Project AMUMA (Advancing Monetary Understanding and Management) on September 18, 2024, with Day 3 of training sessions dedicated to enhancing financial literacy among local fisherfolk in Brgy. Tinago, Brgy. Iniguihan, and Brgy. Banday.

Building on the success of the previous sessions, the BSBA Department divided its members into targeted groups to ensure focused engagement with the communities. Supported by the Landbank Countryside Development Foundation, Inc., Project AMUMA aims to provide vital financial education to help local fisherfolk navigate their economic challenges.

This session was focused on various topics fitted to the needs of fisherfolk, including effective budgeting for seasonal income, investment strategies for small-scale fishing operations, and understanding market dynamics that affect fish pricing. Participants were also educated on the importance of financial planning for both short-term and long-term sustainability.

A highlight of the day was the interactive workshop that allowed attendees to simulate real-life financial scenarios specific to the fishing industry. "The knowledge we've gained here is invaluable," remarked a participant from Brgy. Iniguihan. "It’s helping us think differently about our earnings and how we can save for the future."

Project AMUMA is designed to unfold over a week-long series of training sessions, with the goal of reaching all barangays within the LGU Tomas Oppus. By focusing on financial literacy, the initiative aims to uplift the economic status of local fisherfolk, equipping them with the necessary tools for better financial management. Aligned with several Sustainable Development Goals (SDGs) – particularly SDG 1 (No Poverty), SDG 2 (Zero Hunger), and SDG 8 (Decent Work and Economic Growth) – Project AMUMA is committed to fostering poverty reduction, enhancing food security, and promoting sustainable economic growth in the region.