21.7 C
Port Moresby
May 28, 2022
Business News Southern

Elevala women empowered by Microbank

By Eric Haurupma EM TV, Port Moresby

UPNG Journalism Student

Papua New Guinea’s largest micro-finance institution, Microbank, is empowering women in the Motu-Koitabu area to be self-reliant and venture into business.

Deliberating on capacity building and women empowerment concept, the Micro Bank provides opportunities for women in the area to access its products and services by opening savings account.

Microbank’s Manager of Women’s Banking, Gimi Kepi embraces this by organising a financial literacy program, which ended today at the Elevala village in Port Moresby.

A hundred women from Elevala received certificates after being taught basic management and trade skills by the Microbank officials.

They were permitted savings account to save some money they should earn from the SME sector.

The training provides an opportunity for these women to form business groups in order to solicit funding from other organisations like National Fisheries Authority, Asian Development Bank and many others.

The women thanked Microbank for taking an initiative to provide services at their door step.

They will now manage and save some money they obtain from the SME sector.



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