Business PNG – Season 7 | Episode 8, 2017

In the 8th episode of the show, we visit Lorengau, Manus Province for the Manus Financial Education Graduation.

According to the Central Bank, an estimated 70 to 75 percent of the total population is excluded from access to the formal financial sector. A large chunk of these, are women.

Because of this the Microfinance Expansion Project has rolled out training to the provinces and many people in remote areas have benefitted from the training; more recently, in the Manus Province.
Financial education has reached the scattered islands of Manus.

The Microfinance Expansion Project recently graduated more than 2000 men and women; now knowledgeable on saving and wisely spending money.

The training is designed to bank the unbanked with close emphasis on closing the gender gap in financial inclusion. Empowered by the training, the graduates can go on to contribute meaning fully to society.

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