At m e
This presentation is the property of its rightful owner.
Sponsored Links
1 / 10

-at- M E PowerPoint PPT Presentation


  • 76 Views
  • Uploaded on
  • Presentation posted in: General

K. L. -at- M E. F RAMEWORK. J. L. Outside ‘predatory’ loans Drowned with credit card balances Coop delinquent accounts. Well-managed finances Not just financial security but financial independence. HOW????. J. L. Enterprising member. Empowered member. Periodic monitoring.

Download Presentation

-at- M E

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


At m e

K

L

-at-ME

FRAMEWORK


At m e

J

L

  • Outside ‘predatory’ loans

  • Drowned with credit card balances

  • Coop delinquent accounts

  • Well-managed finances

  • Not just financial security but financial independence

HOW????


At m e

J

L

Enterprising member

Empowered member

Periodic monitoring

Periodic coaching

Releasing & Post release counseling

Financial Planning Training

Screening: application, CI, assessment,

pre-counseling


At m e

DETAILED OPERATING STRUCTURE


Loan rebates

Loan Rebates

CRITERIA

  • Member should maintain MIGS status.

  • No delinquent accounts. Any unapplied loan should be paid by the member over the counter.

  • No new loan application during the duration of the entire program.

  • Member should complete, comply, and submit program requirements

  • Maintain a savings plan during the entire program.


Look at me program design roles and responsibilities of the member program coordinator and mentor

“Look at Me” Program Design:Roles and responsibilities of the member, program coordinator and mentor


At m e

COOP MGT. / PROGRAM COORDINATOR

COOP MEMBER

MENTOR

START

Register in the Look-At-Me Logbook / Secure list of requirements from LIPIEMCO staff

Fill-up Intent/Application

Form

Prepare all pertinent requirements

Submit forms & requirements to LIPIEMCO office

Register Member & Prep for C.I.

Answers Questions during C.I.

Conduct Credit Investigation

not ok

Assess Member’s Eligibility

Provide appropriate recommendation to the member

ok

Prepare for the Financial Planning Training workshop

Provide Look-At-Me Kit

B

Conduct FPW

A


At m e

COOP MGT. / PROGRAM COORDINATOR

COOP MEMBER

MENTOR

A

Attend FPW

(Session 1)

B

Fill-up Income Statement, Debt Matrix, & Savings Plan

Submit forms to Program Coordinator

Review submitted forms

Introduce the Individual Financial Recovery Program

Generate IFRP

Study member’s IFRP

Submit to Program Coordinator for review

Review submitted forms

Prep for counseling session with the member(s)

Ok?

Revise IFRP

Assign Member to a mentor

Photocopy & Endorse the IFRP to assigned mentor

Attend the Contract Signing/Counseling Session (Session 2)

together w/ spouse

C


At m e

COOP MGT. / PROGRAM COORDINATOR

COOP MEMBER

MENTOR

C

C

Conduct counseling session with member / spouse

Discuss Loan Terms and Look-At-Me Program Agreements

Agree on the per payday allotment

Discuss the commitment contract

Ok?

Discontinue the program

Issue per pay day allotment form to the member

Together w/ Spouse, Sign the contract

Safe keep the ATM / Cut in half the Credit Card

Turn-over ATM/Credit Card to LIPIEMCO

Set weekly review on member’s progress

Loan Redemption / Update records

Attend the weekly review with the mentor

Submit weekly report based on the submitted IFRP

Conduct weekly review / counseling session with the member

Submit Filled-up IFRP report to Program Coordinator

Monitor progress of

member and update

interest rates if necessary.


  • Login