20 July 2014

PSDI partners with Nationwide Microbank to nurture Women's business skills in fishing villages

Gima Kepi(L)Manger of Womens Banking for NMB and
Naomi Keda, Manager of Human Resoruces at the Bank of PNG.  
PORT MORESBY, 21 JULY 2014 (ADB) - The ADB/Australia/New Zealand cofinanced Pacific Private Sector Development Initiative (PSDI) has joined forces with PNG’s Nationwide Microbank (NMB) to assist women in two small fishing villages to gain entrepreneurial skills and take their produce to market.

The partnership was forged in a memorandum of understanding signed this week to support a new PSDI pilot project, 'Empowering Women in fishing production by strengthening the supply chain'.

“The pilot aims to economically empower women in the fishing sector by linking the loans available through NMB with technical assistance provided by PSDI,” said PSDI Gender Specialist Vijaya Nagarajan. “This assistance will be in the form of skills training and business development as well as accessing supply outlets.”