Making bank accounts work for women: Lessons on designing gender-centric financial services
Reports suggest that two out of three women in PNG face domestic abuse. Due to a lack of formal saving facilities for them, women’s hard-earned money often ends up with their husbands, who usually waste it on gambling or drinking. This blog highlights MiBank’s efforts to bridge the gender gap by introducing gender-centric products.
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 […]