Good Return signs landmark agreement with Solomon Islands

6 Sept

Training session for financial education coaches

Good Return has signed a significant new partnership agreement with the Solomon Islands Central Bank to help build a strong, inclusive and stable financial sector that offers variety and choice to consumers. Under the plan, Good Return will provide training and coaching to enable those living in poverty to achieve economic empowerment through responsible economic practices.

“In the Solomon Islands, financial inclusion means providing every Solomon Islander access to quality and affordable financial services that meet their needs, and unlocking economic opportunities for everyone,” said the Governor of the Solomon Islands Central Bank, Dr Luke Forau.

“We are happy that the partnership between the Central Bank of Solomon Islands and Good Return will offer necessary training and education, so that more people in our community can learn about responsible financial services and financial management, thereby building their confidence to venture into small businesses and start savings for future needs of their families.”

Good Return’s CAFE initiative (Consumer Awareness & Financial Empowerment program) aims to train and empower low income users of financial services to gain knowledge and skills to grow and secure their assets for the future. This is done by facilitating access to loans to help people in poverty build family assets. The program also provides training about how to manage savings and gives people the skills to choose and negotiate appropriate financial services.

For its part, the Solomon Islands Central Bank will commit to building a strong, inclusive and stable financial sector to offer variety and choice to consumers.

The three-year agreement was signed by Dr Forau and Good Return’s CEO Shane Nichols.