Activities
Major Donors
Newsletter Subscription
Stay up to date with Microfinance Pasifika events by subscribing to our newsletterPFIP News Flash - Does training women in financial literacy influence wellbeing in rural fijian households?
FACT 1: The wellbeing of a rural household can be quantifiably improved if only one person in that household attends financial literacy training and have a savings account.
FACT 2: A significantly higher level of wellbeing is achieved when that person is a woman.
Conclusion from Financial Capability, Financial Competence and Wellbeing in Rural Fijian Households (release early 2010)
Image: Participants at the Financial Literacy Training in Tailevu 
These are examples of the many findings from a quantitative research carried out in rural Fiji by Jonathan Sibley from Massey University together with the UNDP Pacific Centre and the Pacific Financial Inclusion Programme. The full report “Financial Capability, Financial Competence and Wellbeing in Rural Fijian Households” will be published in early 2010.
A technical brief that focuses on the significant impact that women make in influencing household wellbeing and how this can be further enhanced is available here. A series of short technical briefs highlighting key findings will be shared with you leading up to the report release. The results of the study can form the basis for policy and strategy interventions aimed at enhancing financial security for rural communities in the Pacific and elsewhere.
The full study has sought to develop our understanding of rural householders’ ability to use current income to enhance future income sustainability through re-investment in income generating activity; to endure income shocks through savings; and to enhance the wellbeing of members of the household, whether by enabling children to continue in formal education beyond primary school, or by enabling the purchase of household assets, including household durables. The study determines whether appropriately structured interventions to increase financial literacy and to provide villagers with access to a safe, reliable and well regulated banking service can result in an increase in the financial competence of those who make decisions on behalf of the household and whether there is a relationship between financial competence and household wellbeing.
The PFIP Notes Series aims to provide an easy to read technical brief that can share Pacific experience globally. Your feedback on this publication helps us keep our programme responsive to demand. Please click here to complete a One Minute Feedback Survey.
Want to find out more about this report or Financial Inclusion in the Pacific, contact Mereseini Senikau from the Pacific Financial Inclusion Programme on mereseini.senikau@undp.org.
The PFIP Note can be found at http://www.undppc.org.fj/pages.cfm/publications/pfip-reports/