PIC Solutions Delivers Specialised Scoring Training in Swaziland

Cape Town, February 2007 – TechnoServe, an international business development organisation which assists entrepreneurs to build sustainable businesses, selected PIC Solutions to present a scoring seminar to credit grantors in Swaziland.

Sponsored by the U.S. Agency for International Development (USAID), as well as contributions from the participating financial institutions, this scoring best practices seminar provided the perfect platform for organisations committed to keeping abreast of industry trends. The Credit Academy is a specialist credit and risk training programme composed of over 15 different seminars. These seminars are either delivered at the PIC Solutions dedicated training centre or onsite at the client’s premises. This flexible onsite training solution has now been delivered in over 10 countries to more than 1,000 attendees from over 100 organisations.

Founded in 1968, TechnoServe assists entrepreneurial men and women in the developing world to build businesses that create income, opportunity and economic growth. TechnoServe has improved over 1,200 businesses and benefited millions of people in 24 countries. Due to this achievement TechnoServe has been recognised as one of the world's "Outstanding Social Entrepreneurs" by the Schwab Foundation for Social Entrepreneurship.

Leslie Johnston, Swaziland Country Director of TechnoServe, comments, “TechnoServe aims to provide entrepreneurs from developing communities with the necessary tools to build successful businesses. Critical to the success of a business is the ability to access finance. PIC Solutions understands the broader issues impacting the emerging markets and they have successfully delivered training to multiple financial institutions, enabling them to viably price credit risk and increase their lending to small- and medium-sized enterprises. We selected them to assist us with our training initiatives and their experienced presenters’ delivered customised training on the benefits of credit scoring to the credit lending community of Swaziland.”

Stephen Leonard, Managing Director of PIC Solutions, adds, “Businesses inherently depend on the skills of their employees and therefore training and development are essential tools for anyone wanting to successfully develop their business. PIC Solutions is committed to providing solutions that maximise organisations abilities to take advantage of market opportunities and through this training seminar delegates gained insight into credit scoring and the benefits of using it to improve their business bottom line. We are proud to be associated with TechnoServe on this initiative. ”

About PIC Solutions
PIC Solutions provides consumer credit solutions to a wide range of blue-chip organisations. We are experts in the fields of credit, risk and software and have an established track record of success powered by solutions.

Our ongoing commitment is to enable clients to optimise the credit life cycle.

Editorial Contact:
Sarka Svoboda
Marketing Manager
Tel: +27 (0)21 680-6010
Fax: +27 (0)21 680-6003
Email: SSvoboda@PICSolutions.com
Web: www.PICSolutions.com