MICROCAPITAL BRIEF: Mastercard, Vodafone Fiji Partner to Provide Debit Cards to Mobile Money Users

Mastercard, a US-based financial services corporation, and Vodafone Fiji, an affiliate of the UK-based communications services provider Vodafone Group, have collaborated to launch the M-PAiSA Mastercard, which will give users of Vodafone Fiji’s M-PAiSA mobile money app the ability to

MICROCAPITAL BRIEF: Fiji Passes National Payment System Act, Seeking to Boost Fintech

The Reserve Bank of Fiji (RBF) recently announced the passage of a National Payment System Act to “upgrade national payment and settlement systems” with the intent of improving electronic payments, which can be safer and cheaper for both businesses and households. The targeted solutions include

MICROCAPITAL BRIEF: Good Return, UN Economic and Social Commission for Asia and Pacific (ESCAP) to Support Women’s SMEs in Cambodia, Fiji, Nepal, Samoa with Credit Guarantees, Technical Assistance

Good Return, the Australia-based affiliate of the US-based NGO World Education, recently partnered with the UN Economic and Social Commission for Asia and the Pacific (ESCAP) to support women-owned small and medium-sized enterprises (SMEs) through a credit guarantee scheme in Cambodia, Fiji, Nepal and Samoa. Under the program, “International impact investors will be providing the funds to be guaranteed to partner financial institutions” in

MICROFINANCE PAPER WRAP UP: “Reserve Bank of Fiji’s Experience With Financial Inclusion and Climate Change;” by Klaus Prochaska, Vereimi Levula, Andrew Levula; published by Alliance for Financial Inclusion (AFI)

This is a summary of a case study written by Klaus Prochaska, Vereimi Levula and Andrew Levula; published by the Alliance For Financial Inclusion; 2018; 16 pages; available at: https://www.afi-global.org/publications/2899/Reserve-Bank-of-Fiji-s-Experience-with-Financial-Inclusion-and-Climate-Change

Following Tropical Cyclone Winston, which resulted in a nearly one-third reduction in Fiji’s GDP for 2016, government actors including the Reserve Bank of Fiji (RBF) resolved to work to “make the country more resilient to extreme climate events, rising sea levels and changing weather patterns.” RBF had already decreed a

MICROCAPITAL BRIEF: Fiji’s National Financial Inclusion Taskforce (NFIT), Reserve Bank of Fiji (RBF), Pacific Financial Inclusion Program (PFIP) Make Progress Towards 2014 Goal of Financial Inclusion for 150k Unbanked Citizens

Fiji’s National Financial Inclusion Taskforce (NFIT), a committee formed in 2010 by the country’s national bank the Reserve Bank of Fiji (RBF) and the Pacific Financial Inclusion Program (PFIP), a program established with the intent of increasing access to financial services among low-income households in the Pacific Islands, reportedly has reached 87 percent of its goal of extending financial services to 150,000 unbanked citizens in the country by 2014 [1].