
IFC Launch Initiative to Help Expand Access to Finance for Microentrepreneurs in the Pacific
IFC, a member of the World Bank Group, today launched the Pacific Microfinance Initiative to improve access to basic financial services, particularly for women, rural households, and enterprises in Papua New Guinea, Timor-Leste, and the Pacific Islands.
PFIP: Will Kina Soon Go Digital? BPNG Hosts Mobile Money Workshop
Representatives from the Bank of Papua New Guinea (BPNG), commercial banks, Post PNG and other organizations gathered for a workshop last week in Port Moresby to discuss the regulatory implications of branchless banking. Sixty workshop participants spent the day learning about different mobile money transfer systems in operation around the world, including a mobile money pilot recently introduced in PNG.
PFIP : Focus Note01, Can Fiji’s MFIs Be Sustainable?: August 2010
“…Clients of MFIs, past and present, mostly believe they have benefited from their services.
This positive contribution has led many to overlook the failure of Fijian MFIs to become self-sufficient.
Fijian MFIs have faced considerable external constraints, including challenging geography, lack of technical support and funding constraints.
Stabilizing the MFIs involves a reorientation of their business model and incentive structures…..”
South Pacific Business Development (SPBD), Samoa Celebrates $30 milestone
Twenty nine thousand clients and $30million worth of investment were reasons enough for the South Pacific Business Development Programme to celebrate. The micro-finance organisation celebrated its 10th anniversary in Samoa last week
FDC Pacific Office Release Annual Report 2008-2009
FDC is proud to announce the publication of the FDC Pacific regional office Annual Report 2008-09.
I am pleased to present to you the final MFPN Strategic Plan 2010 – 2014 that was approved by Executive Committee on 2nd August 2010.
The MFPN Stategic Plan 2010-2014 Plan provides us with definite steps forward to continue and improve our key role in promoting; exchange of information, excellent standards of practice, capacity building and networking in microfinance and financial inclusion in the Pacific.
Click on the following diagram to access the Executive Summary of the MFPN Strategic Plan 2010-2014.
"This Network has an important role to play to deliver this for the people of the Pacific. We need to work together to ensure we can develop this industry most effectively. We are hopeful that we will rally the support from all stakeholders, the regulators, financial sector operators, governments, support services, microfinance service providers and donors to ensure we achieve our objectives." Benny Popoitai, MFPN Chairman
The development of the Plan was generously supported and funded by the Pacific Financial Inclusion Programme (PFIP).
For any further information and queries on the Strategic Plan please do not hesitate to contact me.
Luse Kinivuwai
MFPN Lead Coordinator/FDC Pacific Regional Office Representative
lusekinivuwai@fdc.org.au