PFIP Sponsors Pacific Delegates To Premier Microfinance Training in Italy

June 5, 2012

Four representatives from central banks and microfinance institutions in Timor-Leste, Fiji and Papua New Guinea will be part of the Pacific delegation to attend the Boulder Institute of Microfinance training that will be held in Turin, Italy from July 16th to August 3rd

The 18th annual Boulder Microfinance Training Program is often cited as the premier microfinance training in the world and has a strong focus on sustainability, management, policy and regulation. The training provides an excellent opportunity for learning, dialogue and debate with expert faculty and microfinance professionals from leading institutions around the world.

The Pacific Financial Inclusion Programme (PFIP) has provided funding for travel and accommodation for five participants, who also received scholarships to support their tuition from the European Union, the MasterCard Foundation and from Consultative Group to Assist the Poor (CGAP). The participants supported by PFIP include Bartolomeu Tillman (Banco Central Timor-Leste), Vereimi Levula (Reserve Bank of Fiji), Angelo Soares (Tuba Rei Metin, Timor-Leste) and Gima Kepi (Nationwide Microbank, PNG). Also accompanying them is a representative from PFIP, Mereseini Senikau-Tuivuniwai.

For the past three years, PFIP has sent 13 participants from the Pacific to attend this renowned microfinance training. PFIP made a special effort to sponsor female microfinance managers from around the Pacific region, and was pleased to sponsor Ms. Gima Kepi, Manager of Women’s Banking for Nationwide Microbank this year.

“I am delighted with this learning opportunity and have registered for courses that mirror Nationwide Microbank’sactivity which target a vast majority of the women at the bottom end of the pyramid- the untapped market who are diversely located in rural areas and within city settlements throughout PNG,” commented Ms. Kepi.

“PFIP is happy to support this third group of Pacific islanders to attend the Boulder Microfinance Training Program. We think this is a great opportunity to increase the capacity of regulators and microfinance service managers, who in turn can create more inclusive financial sectors to the benefit of low-income women, men and micro entrepreneurs, ” said Reuben Summerin, Regional Technical Adviser and Programme Manager of PFIP.

PFIP is a Pacific-wide programme helping to provide sustainable financial services to low income households. It is a joint project of the UN Capital Development Fund (UNCDF) and the United Nations Development Programme (UNDP) and has received additional funding support from the Australian Agency for International Development (AusAID) and the European Union. The programme is based at the UNDP Pacific Centre in Suva Fiji.