EHP women train in financial literacy

Business, Normal

The National, Wednesday 29th August, 2012

A GROUP of Eastern Highlands women hopes to manage its business effectively using the financial literacy training they just received from PNG Women in Business (PNGWiB).
The women from various business backgrounds were in Port Moresby for the past three weeks to undergo training with WiB’s Microfinance Institution (MFI) on how to properly run their small businesses.
The PNGWiB MFI serves more than 20,000 financial members nationwide.
Julie Maliki, southern region MFI trainer, said the women were trained in personal viability, planning, budgeting, business planning, record keeping and bookkeeping, cash flow planning, loan application, management, sales, marketing and savings.
Maliki said the training programme was simplified to make it easier for the trainees to follow.
Among trainees were Pastor Deborah Muka and Vida Andrew.
Muka owns and runs a second-hand clothing business and sells herbs and vegetables on the side.
Andrew owns a private security firm and runs a “widows’ help” association.
They both commended WiB for the work it was doing for Papua New Guinean.
PNGWiB founder Janet Sape said there were many business opportunities in Goroka.
She appealed to New Eastern Highlands Governor Julie Soso to help WiB establish a branch in the area.