Category: OUR PHILANTHROPY

Network Kokoda secures first Colombo Plan project for PNG in partnership with WSU and DFAT

Network Kokoda is proud to announce 20 scholarships for students from Western Sydney University (WSU) to allow them to participate in a 12 day study program at the Iaowari High School on the Sogeri Plateau in Papua New Guinea.

The scholarship program is a collaborative project in partnership with the Hawkesbury Campus of Western Sydney University, Richmond Rotary, Network Kokoda and DFAT. It is being funded by the Australian Government’s new Colombo Plan and is the first project of its kind in Papua New Guinea under the plan.

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Network Kokoda banks on PNGs MiBank

Network Kokoda has established a Memo of Understanding with PNGs MiBank to provide financial literacy training for the local community at our Sogeri Women’s Learning Centre.

MiBank is a grassroots financial institution licensed by the Bank of Papua New Guinea (BPNG) to provide a savings opportunity for subsistence villagers and small business people in the informal economy.

Our initial financial literacy course involved 24 women and two young men from Sogeri, Vesilogo, Owers Corner, Crystal Rapids and Sirinumu village areas.

Subjects covered included:

Savings: You can do it
Savings: What are they and why save?
Savings: How to set goals
Budgeting: Using money wisely
Importance of budgeting
How to make a budget
Mobile Banking: Understanding the benefits of MiCash

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