Financial training

Financial training for rice farmers

The training was delivered jointly by MiBank and Niugini Strategic Services Ltd in conjunction with Trukai Industries.

The farmers learnt the fundamentals of financial literacy, including budgeting for essential household expenses, savings advice, money management and basic banking including opening a bank account.

Rice development manager for Trukai Industries, Humphrey Saese said the training empowers the locals to work towards improving their livelihood and wealth through savings strategies.

Over 2000 locals complete financial training

This comes after their successful completion of financial literacy training.

The quiet little town came alive with the sounds of the famous Manus garamut to celebrate the milestone achievement of the graduands.

Subsistence farming and fishing are their primary source of income, however, managing and budgeting their earnings are the biggest challenges.

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