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Do Financial Inclusion Efforts Really Have an Impact on Poverty?

Do Financial Inclusion Efforts Really Have an Impact on Poverty?

January 30, 2018

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Affordable, accessible financial products and services like mobile money are becoming more prevalent in the developing world, but are they improving the lives of the poor? 

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FNPF trials mobile-based payment platform – Fiji Times

FNPF trials mobile-based payment platform – Fiji Times

December 6, 2017

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LOW income earners and those employed in the informal sector can now make voluntary pension contributions through a new mobile phone-based digital payment platform. The Fiji National Provident Fund is piloting the Vodafone M-PAiSA platform to allow members of the voluntary savings account to make contributions to their retirement savings through digital channels. FNPF, through...

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Digital transformation gains momentum in Fiji

Digital transformation gains momentum in Fiji

November 27, 2017

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FIJI’S transformation to digital payments is gaining momentum with 70 per cent of the Fijian Government payments being channelled electronically. This was revealed by Fiji’s Head of treasury Pankaj Singh at a workshop held recently on digital payments initiated by the UNDP/UNCDF managed Pacific Financial Inclusion Programme (PFIP). A statement from PFIP said the UN...

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28 farmers first beneficiaries of insurance scheme

28 farmers first beneficiaries of insurance scheme

November 27, 2017

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TWENTY-EIGHT farmers have become the first beneficiaries of the FijiCare Insurance bundled micro-insurance scheme that was launched in July earlier this year. Working in partnership with the Sugar Cane Growers Fund, the scheme is expected to cover about 12,500 registered growers in the country. The scheme was largely created to assist farmers after a survey...

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Affordable insurance – Fiji Times

Affordable insurance – Fiji Times

October 6, 2017

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THE Pacific Financial Inclusion Programme will work with insurance companies across the Pacific to explore, develop and supply accessible, affordable and suitable insurance products. Acting PFIP program manager Krishnan Narasimhan said the Pacific lacked weather related insurance scheme, such as cyclone coverage for crops, and that PFIP was assisting the insurance industry to develop commercially...

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