K2 MILLION FOR A GREATER FINANCIAL INCLUSION FOR LAE - Money Talks Limited Rolls Out Plan For The K2 Million SME Package Plan For Lae

Money Talks Limited is now putting up a socio-economic support plan in place to ensure the little people of Lae can well be intergrated into its SME rollout program.

The plan involves Demographic Case Studies, Program Awareness, Financial Literacy Sessions, Train The Trainers Program, Stake holders Consultative Engagements, Establishment of Management & Monitoring Committies & Pilot Program Rollout.

Since the K2 Million will be distributed to all parts of Lae as well as neighboring Ahi LLG & Nawaeb Communities, greater support from stakeholders & coordination from the Management Committies are needed. 

CEO & Founder of Money Talks Ltd, Mr Mathew Minape, is positive that the SME plan will give the people of Lae a new era of greater "financial inclusion." 

Minape said that we have a lot of "colourful papers we call Vision 2050 & Fiscal Planning, and we have educated brains writing them, but who is the target audience? Who is the impacted group? Who is the person to practically drive all these paper visions? Too much legal requirement can sometimes defeat the very purpose of a concept to which it was founded.

The Muliti-millionaire, Property Magnate & Philanthropist considers the 2016 SME policy & the hundred million Kina funding of this concept as a "Modern-Day Cargo Cult movement" where leaders preach of wealth while followers believe in blind Faith of that concept that is never tailored to meet their financial goals. Only political cronies & power gamblers benefit from this paper wealth because they are only good in writing paper contracts.

Mr Minape's SME plan focus on how little people can be assisted without the stringent formalities like paper certificates & equity requirements.

The rollout period will be announced soon.

A current Management Team is place drafting the "set of requirements" for this SME Scheme participation. The requirements will be tailored more towards financial understanding of the grassroots people so that the plan can pragmatically allign financial goals to the business capacity of the participants.

The requirements will be customized to suit both the level of financial literacy competencies as well as education qualification of participants of the informal sector. 

PC: UKNG