In 2014, MiBank entered in to an arrangement with the PNG National Fisheries Authority (NFA) to provide credit to citizens engaged in the fishing sector. In a separate partnership with the Private Sector Development Initiative of the Asian Development Bank MiBank embarked on the Women in … [Read more...]
Farmers in South Pacific Bet on Beans for Loan Collateral
The tiny South Pacific island nation of Tonga has become a trial ground for one of the most expansive credit reforms in the world, as banks allow vanilla farmers to use a new kind of collateral: their crops. Photo/Video: Paolo Bosonin/The Wall Street Journal. View the video report produced by the … [Read more...]