Posts Tagged ‘Pacific Financial Inclusion Program’

Australia to provide $2M for microfinance literacy program in Pacific Islands

By Nagesh Narayana Microfinance Focus, Jan 29, 2010: Australia will provide $2 million over the next three years for the Pacific Financial Inclusion Program (PFIP) to facilitate micofinance and help increase access to financial services among low income, rural and remote households in Pacific Island communities. PFIP is a Pacific-wide program helping provide sustainable financial services to low income and rural households. It was established in 2008 ... Full story

Report finds mobile banking in Papua New Guinea ‘interesting’

Microfinance Focus, Nov. 27, 2009: Papua New Guinea presents interesting challenges and opportunities for mobile banking, said a recently released report from the UN's Pacific Financial Inclusion Program (PFIP) and the IFC. The report on “Building a mobile money distribution network in Papua New Guinea” found that there is great demand for a system that enhances cash safety, including mobile phone transfers and a means to ... Full story

PFIP provides $212,000 to Vanuatu for microfinance projects

Microfinance Focus, Aug. 14, 2009: The Pacific Financial Inclusion Program (PFIP) has given a grant of $212,000 to the National Bank of Vanuatu (NBV) to make banking services more accessible the people of rural Vanuatu. Over the next three years, NBV’s aim for rural banking and microfinance is to extend its e-banking network to an additional five provincial branches and enable an additional 13,000 rural producers and micro-entrepreneurs to be banked. The PFIP's aid will be  used mainly to support NBV’s current investment in IT and communications infrastructure for rural banking. Full story
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