Banking with the Poor in the South Pacific
Foundation for Development
Cooperation, 1996 (iv + 25 pages) |

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Executive Summary
This report contains three documents from the
Third Asia-Pacific Regional Workshop on Banking with the Poor, held in Brisbane in
November 1994. It arose from work by the Foundation for Development Cooperation to
disseminate microfinance principles in the small island states of the South Pacific, and
to study the applicability of these principles to the conditions of those small island
states.
One document summarises
South Pacific consultations on Banking with the Poor, conducted by the Foundation in
November and December 1993. During these consultations, policy makers, commercial bankers
and NGO leaders in nine countries were briefed on the principles of Banking with the Poor.
These consultations
permitted the Foundation to judge the receptiveness to microfinance principles and the
feasibility of their being applied in the South Pacific. They were a critical input into a
background paper on Banking with the Poor in the South Pacific, prepared for the Third
Regional Workshop by Mark D Otter, Program Officer with the Foundation. This background
paper is also included in the document.
Finally, the document
includes a statement by South Pacific participants in the Third Regional Workshop. The
statement includes a number of recommendations for further action to encourage the spread
of microfinance on a sustainable basis throughout the South Pacific region. |