Pasali gains 93% in Cordaid's third Financial Monitoring

Cordaid conducted its 3rd Financial Monitoring (FM) for one of its partner, the Pasali Philippines Foundation Inc. last July 17, 2015 thru Ms. Jacqueline Villar, Cordaid Financial Consultant in the Philippines in which Pasali attained a significant result of 93% or 123 out of 132 action points to be fully implemented.  The Administration and Finance Unit, took seriously the result of the second FMS follow up and helped ensure the compliance of the full implementation of the Financial Management Implementation Plan including those that needs top management support. The Financial Monitoring is Cordaid’s way of helping its partners in its project implementation, governance & financial system and evaluate areas for improvement through regular trainings and assessment.

Last year, Catholic Relief Services – USCBB conducted a Standard Sub-recipient Assessment Summary where Pasali Philippines Foundation, Inc. attained a significant result of 97%.