2019

Leaving a legacy for your loved ones

Leaving a legacy for your loved ones

September 16, 2019

SHARE:  



by Erica Lee “I remember how adamant my husband was about getting funeral insurance. He wanted to ensure that should something happen to him, I would be able to cope with the cost of his funeral,” recalls Vitolia Tagialupe. Earlier that day, retired taxi driver Galumalemana Tagialupe had seen an advertisement on the local television...

Read More

Wakalani helps her community of women become financially innovative

Wakalani helps her community of women become financially innovative

July 29, 2019

SHARE:  



Recently, the group has also been a great example of women’s financial inclusion. Each of them has opened a bank account and a voluntary pension account with the Vanuatu National Provident Fund (VNPF). Wakalani says the women are happy that they have been given the opportunity to become members of VNPF. 

Read More

Financial education in PNG, key to informative choices on pay-day lending

Financial education in PNG, key to informative choices on pay-day lending

July 15, 2019

SHARE:  



Many low-income working families in PNG struggle to manage everyday cash flow. A lack of savings to buffer against financial woes, such as emergency medical bills, traditional obligations, such as burials and other unexpected life expenses can drive families to resort to these moneylenders. Over time borrowers find it hard to break out of the recurring cycle of pay-day lending, often referred to as a loan trap.

Read More

“Financial Education has been life changing”

“Financial Education has been life changing”

June 15, 2019

SHARE:  



In June 2018, Annie became one of the first students at three (Garanga, Pamua and Airahu) ACoM RTCs chosen to take part in a regional initiative to pilot financial education (FinEd). The pilot is part of an ongoing partnership between the Pacific Financial Inclusion Programme (PFIP) and ACoM.

Read More

Financial education supports Garanga community to bring back life into its school canteen

Financial education supports Garanga community to bring back life into its school canteen

March 22, 2019

SHARE:  



Motivated to do something about the high cost of banking, a group of tertiary teachers and students of the Anglican Church of Melanesia’s Garanga Rural Training Centre (RTC) got together to start a savings club. Their inspiration for the savings club was born out of their learnings from an Australian Government funded – Pacific Financial Inclusion Programme (PFIP) financial education (FinEd) curriculum recently introduced at the school.

Read More