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Fiji : Rural women acquire financial literacy skills

August 12, 2014

A total of 160 rural women received financial literacy training last week as part of the National Women s Expo.

The women were trained through ANZ (Australia and New Zealand Banking Group Limited) Money Minded Pacific Financial Literacy program in partnership with Department of Women with the aim of educating women on components of financial management, savings, budgeting and microfinancing.

The ANZ Microfinance and Rural Banking head of corporate responsibility Sitiveni Marovia said the bank was proud to be given the opportunity to empower rural women in Fiji.

We hank the Department of Women for inviting ANZ to provide the three days of financial literacy training to the women who have come from rural and maritime areas to participate in the National Women s Expo, Mr Marovia said.

It provides financial capacity building and saving skills for women, who are particularly the foundation and financial controllers of their families. It is for this reason that eighty percent of the trainees here are females. ANZ is delighted to provide this opportunity to rural women and following this training, the women will be able to access the ANZ s Flagship Literacy Program to further enhance their financial capabilities, he added.

Financial literacy trainee, Sainiaria Tinai of Namosau, Ba said this was the first time for her to learn the importance of savings.

I am truly grateful to ANZ and the women s Ministry for organising this training for us. It will help me as the president of Namosau Multiracial Women s Group, in terms of planning the finances for our group of 54 women who depend on baking, sewing and weaving for their day-to-day living, Mrs Tinai said.

The training was very informative, we learnt the importance of planning our finances, drawing up a budget and saving for a progressive future. When, I return home, I will be able to share the new financial skills with women in my community.

The ANZ s Money Minded Pacific Financial Literacy Program is facilitated in Fiji, Pacific Island countries and also in Asia.

Apart from this training, the National Women s Expo 2014 also provided opportunities for the rural women to receive training in Indonesian weaving skills, tailoring skills and the demonstration of the Rocket Stove.

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Source: TendersInfo (India)

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