SPBD is a network of microfinance organizations working in Fiji, Samoa and Tonga, and Solomon Islands dedicated to eradicating poverty by empowering women in poor rural villages with the opportunity to start, grow and maintain sustainable, income generating micro-enterprises.

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Financial literacy for the underprivileged women

Posted on October 29, 2012

The South Pacific Business Development (SPBD) Network has achieved yet another milestone.
It has launched a Financial LiteracyProgramme for the underprivileged women of Samoa. The goal is to assist them to realise their dreams of securing a better future for their children and families.

The launch of the Financial Literacy Programme (FLP) is an important step in SPBD’s mission of creating a positive social impact. This is being realised through Financial Diary Trainings – where the members are taught the correct ways of maintaining and recording their financial transactions, with complete details on daily income and expense of their businesses and households.

Please see the following link for more information:
http://www.samoaobserver.ws/local-news/other/business/1756-financial-lit...

The FLP (Financial Literacy Program) began being implemented in the 3rd quarter of 2012 in SPBD Tonga. 5 pilot centers were chosen for the FLP and the Financial Diaries. This number of centers is currently being expanded. This is a staggered launch/implementation over time across centers in Tonga.

Gaamaa Hishigsuren will be working with SPBD Fiji in February 2013 (Q1) to launch the FLP at that time in Fiji.