2009

Building A Mobile Money Network in Papua New Guinea

Building A Mobile Money Network in Papua New Guinea

November 19, 2009

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How can a coffee grower in the Highlands of Papua New Guinea get payment for his produce without having to cross great distances to go to the bank? Can women travel more safely if they don’t have to carry cash? Could parents save for school fees using their mobile phones? How can the government and...

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National Bank of Vanuatu and Pacific Financial Inclusion Programme Announce Partnership to Improve Rural Banking Services

National Bank of Vanuatu and Pacific Financial Inclusion Programme Announce Partnership to Improve Rural Banking Services

August 10, 2009

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National Bank of Vanuatu (NBV) and the Pacific Financial Inclusion Program (PFIP) today announced a strategic partnership that will make banking services more accessible and relevant to 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 5 provincial...

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Working Together with Microfinance for the Benefit of the Poor

Working Together with Microfinance for the Benefit of the Poor

July 18, 2009

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Sharing experience, knowledge and technical expertise in the area of microfinance across the Pacific will benefit the region as a whole. Success stories from microfinance initiatives in Pacific Island countries can be effectively implemented in other parts of the region. This was the message from Benny Popoitai, the Deputy Governor Regulation of the Bank of...

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Exploring the Potential of Microinsurance in the Pacific

Exploring the Potential of Microinsurance in the Pacific

July 16, 2009

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Poor people can rapidly slide further into poverty after an unexpected event like the death of a breadwinner, a flood that destroys the farm or a drought that kills the livestock. Microinsurance, which is insurance designed for the poor, can help prevent these families from sliding further into poverty. Different elements of microinsurance and how...

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Cutting Costs on Sending Remittances to the Pacific

Cutting Costs on Sending Remittances to the Pacific

July 16, 2009

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Pacific Islanders working in New Zealand and Australia can now spend less to send money home. Up to a quarter of money sent as remittance is usually lost due to fees and exchange rates. Reducing the cost of sending remittances to Pacific Island countries and its impact on New Zealand’s seasonal workers was discussed at...

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FOR MORE INFORMATION

or media inquiries please contact:
Erica Lee
Communications Associate
Tel: +679 3227538
Email: erica.lee@undp.org
Website: http://www.pfip.org/