Microfinance Pasifika News

Improving Poor People’s Access To Financial Services

A new strategy launched today will help poor people improve their way of life through increased access to crucial financial services, increasingly being seen as important to reducing poverty and achieving the Millennium Development Goals.

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PFIP: Mobile Money Gets Coverage in Vanuatu

Over 30 representatives from a broad range of organizations recently met in Port Vila to learn more about mobile money solutions and share ideas on how it could be set up in Vanuatu. This information exchange was organized by the Pacific Financial Inclusion Programme (PFIP) in Partnership with the Reserve Bank of Vanuatu. The meeting was attended by the Governor of the Reserve Bank, Mr. Odo Tedi, as well as representatives from commercial banks, Microfinance institutions, telecos, civil society organizations, government officials and donor agencies all of whom can play a role on setting up mobile money solutions.

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ANZ Launches Financial Literacy Program in the Pacific

ANZ today launched a new financial literacy program in Fiji, for Pacific staff and their communities to improve their financial skills, knowledge and confidence.

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Poor Decision Lead To Debt: ANZ Bank Manager

People in Fiji have a hard time identifying what their needs and wants are, and that is why so many people end up borrowing from loan sharks and never get out a cycle of debt, says ANZ Corporate Responsibility manager Vosawale Tamani.

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MFPN Members attended a Microfinance and Clean Energy Workshop

In the first week of December 2009, MFPN member microfinance institutions from Fiji (Fiji Council of Social Services Microfinance and National Centre for Small and Micro Enterprise Development), Samoa (South Pacific Business Development and Women in Business Development) and Vanuatu (Vanwods Microfiance, Inc.) attended the “Pacific Renewable Energy and Microfinance” workshop in Suva, Fiji.

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