Firm trains graduates on micro businesses

LIVELIHOOD promotion is a complex process and requires a capable and stable workforce to manage operations, BASIX Academy for Livelihoods and Microfinance Practice director Dr S L Narayana says.
Narayana said that recently at Koki, Port Moresby, at the PNG Micro Finance Ltd office during the presentation of certificates to nine new graduates from the University of Papua New Guinea as pioneers of its graduate programme.
The BASIX Academy for Livelihoods and Micro Banking Finance Practice is an institution where, India in partnership with the faculty of business administration of UPNG, offers the training programme with the objective of imparting training to new graduate trainees on aspects that include micro banking, micro enterprises, marketing of financial services, banking practices and rural economy and developing professional skills to achieve PML’s mission.
Narayana said the institution had now grown into a fully integrated global financial training institution that offered certificate courses for fresh graduates who were eventually absorbed by the sector.
“There are domestic short-term programmes to support other BASIX Group companies, banking and other financial institutions in the areas of training and capacity building, in addition to organisation both on site and off site international study programmes, international exposure visits and knowledge exchanges for professionals from international arena to facilitate exchange of India experiences,” he said.
PML chief executive officer George Mathew said the company recruited fresh graduates to meet the growing requirements of its expansion.
He said the company was established in 2004 as a vehicle to provide financial services to low income households and village communities throughout the country.
Congratulating the graduates, human resource manager Betty Elliott said they had seen the best coming out from the nine pioneer graduates and they were looking at recruiting more new graduates.
“There is a bigger calling out there for you and you are not just working for wages, you graduates will one day be the guides and leaders for other new graduates who come here,” she said.