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The South Pacific Business Development Microfinance Holdings Pte. Limited in Singapore owns SPBD Samoa, SPBD Tonga, and SPBD Fiji and is responsible for launching other greenfield microfinance operations in other Pacific Island countries such as in the Solomon Islands at the end of 2012.
The economy of Fiji is one of the most developed among the Pacific islands. Nevertheless, Fiji is a developing country endowed with forest, mineral and fish resources. The country has a large agriculture sector heavily based on subsistence agriculture. Sugar exports and the tourism industry are the main sources of foreign exchange. There are ...
The Pacific Islands Private Sector Organisation (PIPSO) was established in 2007 to promote the private sector’s role in policy making and to encourage business development through effective partnerships with governments, regional organisations, development partners and NGOs. Its headquarters are in Suva, Fiji. [citation needed]
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Fiji's Prime Minister Sitiveni Rabuka will attend a presidential prayer breakfast in Washington on Thursday, the first opportunity for a Pacific Islands leader to press the region's aid and ...
Today as the sector enters a new period of transition, with the rise of digital financial technology that increasingly competes with traditional microfinance institutions, the Microfinance Network provides a space to discuss opportunities and challenges that arise from emerging technological innovations in inclusive finance. [66]
In 2009 and 2010, Accion helped to start microfinance institutions in underserved areas of Inner Mongolia, Cameroon, and Brazil.. In December 2009, Accion inaugurated Accion Microfinance China (AMC) in Chifeng Prefecture, Inner Mongolia; this microfinance institution represented the first wholly owned foreign microcredit company (MCC) and only the second wholly foreign-owned MCC in the country.
Rigorous impact evaluations using control and treatment groups are difficult to undertake today, because microcredit is so common in developing countries today that few locations remain where such a research setting can still be applied. Further complicating impact studies is the often highly politicized context of poverty alleviation initiatives.