MSC facilitated setting up a risk share facility (RSF) to manage some of the risks associated with MSE lending to encourage partner financial institutions to expand their loan portfolios. RSF improved the quantum of lending to MSMEs and channels more of the deposits collected into loans to business rather than into inter-bank deposits and government securities.
The Reserve Bank of Fiji and MDF commissioned MSC to undertake an MSME landscape study in Fiji. MSC’s research was a first-of-its-kind study that focused on enterprise development and helped the clients to develop strategies and formulate policy interventions for MSME development.
Financial Inclusion Initiatives in Papua New Guinea
The Microfinance Expansion Project (MEP) in Papua New Guinea has multipronged approach towards enhancing financial inclusion in the country. In this video, Jagdeep Dahiya, MSC’s Training Specialist in PNG, outlines how MEP is trying to achieve financial inclusion by stimulating both the demand and supply for financial services.
Traditional financial education is missing the mark both in terms of content and pedagogical approach. This blog states how MicroSave is continuously exploring alternative approaches to financial education.
In this video Michael McCaffrey, Financial Inclusion Technical Specialist, Pacific Financial Inclusion Program (PFIP), talks about the design of a suite of products such as remittances, savings, and micro-insurance for low income people. Explaining it approaches, he says at the Macro level in alliance with Alliance for Financial Inclusion, they are developing policies and regulations […]
In this video Michael McCaffrey, Financial Inclusion Technical Specialist, Pacific Financial Inclusion Program (PFIP), talks about the specific challenges of improving financial inclusion in remote island states. He shares the PFIP experience with mobile banking and explains how commercial banks can help improve the financial infrastructure. Michael notes that the needs of various island countries […]