PFIP updates

NBS and Digicel partner to offer remittance linked savings product in Samoa

NBS and Digicel partner to offer remittance linked savings product in Samoa

March 23, 2018

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Apia, Samoa – National Bank of Samoa (NBS) and Digicel Samoa are pleased to announce a partnership to develop the next generation of cost-effective and easy mobile banking and remittance services for Samoan customers. Digicel will work with NBS to integrate its Mobile Money platform with NBS’ banking systems. This will allow beneficiaries to transfer their money...

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Dairy Farmers covered by Microinsurance Scheme in Fiji for first time

Dairy Farmers covered by Microinsurance Scheme in Fiji for first time

March 16, 2018

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Nausori, Fiji – Close to 300 dairy farmers will be protected by insurance for the first time in Fiji after the launch of a bundled microinsurance scheme today. The Fiji Co-operative Dairy Com­pany Limited (FCDCL), FijiCare Limited and UNCDF’s Pacific Financial Inclusion Programme had formed a partnership to provide insurance for the farmers, and signing...

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Women’s micro-bank to open access centres around PNG to test new branchless banking model

Women’s micro-bank to open access centres around PNG to test new branchless banking model

March 15, 2018

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Port Moresby, PNG – A new branchless banking solution will be piloted at six locations in Papua New Guinea with the aim to provide basic financial services to PNG’s unbanked women. Women’s Micro-Bank Limited (WMBL) through a partnership with UNCDF’s Pacific Financial Inclusion Programme (PFIP) will set-up Mama-Bank Access Points (MAPs) across the country using...

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Validation workshop held for Vanuatu’s draft National Financial Inclusion Strategy

Validation workshop held for Vanuatu’s draft National Financial Inclusion Strategy

March 8, 2018

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A draft National Financial Inclusion Strategy will be presented to representatives of key stakeholders involved in national financial inclusion efforts in Vanuatu at a workshop to be held at the Reserve Bank of Vanuatu on Thursday 9th March 2018. The Reserve Bank of Vanuatu in partnership with the Pacific Financial Inclusion Programme (PFIP) developed the...

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Delivering the claims promise. Fiji Care pays F$166k to sugarcane farmers in 6 months.

Delivering the claims promise. Fiji Care pays F$166k to sugarcane farmers in 6 months.

February 2, 2018

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Suva, Fiji – Since launching its ‘Bundled Microinsurance’ policy last July, FijiCare Insurance Limited has already settled and paid out claims for 43 sugarcane farmers. Commenting on the claims payout numbers for the microinsurance scheme that protects 12,500 farmers, FijiCare General Insurance Underwriter, Sunita Reddy said, “our aim is to pay valid claims fast.  Our...

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