youSave

Empowering Solomon Islanders to Save for Their Future

The Informal Sector Section – Employer Member Services plays a vital role in expanding financial inclusion and retirement savings opportunities for Solomon Islanders working outside the formal employment sector.

Led by the Assistant Manager – Informal Sector and based at the Anthony Saru Building, the Section is committed to helping self-employed individuals, market vendors, small business operators, casual workers, farmers, fishers, artisans, transport operators, and seasonal workers build greater financial security through accessible, flexible, and innovative savings solutions.

Through youSave, digital financial services, innovative financial products, strategic partnerships, financial literacy, and community outreach, the Section continues to extend SINPF services to Solomon Islanders who may not have access to traditional employment-based retirement savings arrangements.

Our Services

1.youSave Savings Scheme Management

The Section administers, promotes, and supports youSave, SINPF's voluntary micro-savings scheme designed primarily for people working in the informal sector.

youSave provides individuals with an opportunity to make regular savings towards their future while allowing flexibility to accommodate different income levels and circumstances.

Key responsibilities include:

• Promoting the benefits of long-term savings and retirement planning.
• Registering new youSave members throughout Solomon Islands.
• Supporting members with account enquiries and account maintenance.
• Processing member contribution transactions.
• Assisting eligible members with withdrawal applications.
• Providing financial literacy and savings education.
• Helping members understand the features, benefits, and requirements of the youSave scheme.

1. Innovative Financial Products & Digital Solutions

The Informal Sector Section – Employer Member Services is committed to transforming the way Solomon Islanders access and use financial services.

Through strategic partnerships, technology, digital platforms, and innovative financial products, the Section is developing solutions that go beyond traditional retirement savings to help members save, access financial services, manage risks, and build financial resilience.

Key initiatives include M-SELEN E-Wallet Integration, TrigaCash Climate Risk Insurance, and Digital Nano Loans for youSave Members.

M-SELEN E-Wallet Integration

The Section has partnered with M-SELEN to make it easier and more convenient for youSave members to access savings services through their mobile phones.

The integration provides members with a convenient digital channel for making youSave contributions and engaging with their savings without always needing to visit an SINPF office.

Key benefits include:

• Convenient mobile-based access to savings.
• Easier and more accessible youSave contributions.
• Reduced need for members to travel to SINPF offices.
• Greater access to financial services for people in remote and underserved communities.
• Increased opportunities for regular and consistent saving.
• Supporting the broader digitalization of SINPF services.

The M-SELEN integration is an important step towards making retirement savings more accessible, convenient, and inclusive for Solomon Islanders.

TrigaCash – Climate Risk Insurance

The Section is also supporting innovative approaches to protect the livelihoods and financial wellbeing of vulnerable communities through TrigaCash, a climate risk insurance initiative.

TrigaCash provides eligible customers with protection against specified climate-related events, helping households and small businesses strengthen their financial resilience when affected by extreme weather conditions.

The product focuses on risks including:

• Heavy rainfall
• Cyclone wind damage
• Drought

TrigaCash is delivered through a collaborative partnership involving SINPF, insurance and financial sector partners, and development organisations.

Why TrigaCash Matters

Climate-related events can significantly affect the income, livelihoods, assets, and savings capacity of informal sector workers.

By combining savings with risk protection, initiatives such as TrigaCash help members and communities become more financially resilient.

The Section supports:

• Customer awareness and education.
• Community outreach and product promotion.
• Customer onboarding and registration.
• Engagement with partners and stakeholders.
• Financial literacy around climate-related financial risks.
• Monitoring and supporting the implementation of the pilot initiative.

TrigaCash represents SINPF's commitment to exploring innovative financial solutions that respond to the changing financial and environmental risks faced by Solomon Islanders.

Digital Nano Loans for youSave Members

The Section is exploring innovative digital lending solutions that can provide eligible youSave members with access to small, short-term digital loans to support their personal and business financial needs.

The Digital Nano Loan initiative uses digital technology and alternative approaches to assess customer eligibility and creditworthiness, with the aim of making responsible financial services more accessible to informal sector workers.

Potential benefits include:

• Convenient access to small-value loans.
• Digital application and processing.
• Reduced reliance on traditional lending processes.
• Supporting small business and income-generating activities.
• Providing members with access to finance when unexpected needs arise.
• Encouraging responsible financial behaviour.
• Linking consistent savings behaviour with access to financial services.

The initiative is being developed through collaboration with strategic partners and is intended to support greater financial inclusion and responsible access to credit for eligible youSave members.

Building an Integrated Financial Ecosystem

The Section's innovation agenda is focused on creating an ecosystem where youSave members can access more than just a retirement savings account.

Through digital platforms and strategic partnerships, the long-term vision is to provide members with access to:

SAVE → PAY → PROTECT → BORROW → GROW

SAVE

Build long-term financial security through youSave.

PAY

Access convenient digital payment and contribution channels through M-SELEN and other digital platforms.

PROTECT

Manage financial risks through innovative products such as TrigaCash Climate Risk Insurance.

BORROW

Access responsible digital credit through Digital Nano Loan solutions.

GROW

Use savings, financial education, digital services, and access to finance to strengthen household and small-business financial resilience.

This integrated approach supports SINPF's broader commitment to financial inclusion, digital transformation, and improved financial wellbeing for Solomon Islanders.

The Section supports Solomon Islanders participating in recognised seasonal and labour mobility programs in Australia and New Zealand by facilitating access to retirement savings through youSave.

Our support includes:

• Assisting seasonal workers to establish youSave accounts.
• ·Supporting workers with savings and contribution arrangements.
• Providing information on contribution options and account management.
• Educating workers on the importance of long-term financial planning.
• Supporting communication between seasonal workers, employers, partners, and SINPF where required.

This initiative provides Solomon Islanders working overseas with an opportunity to continue building long-term savings and strengthening their financial security for the future.

Financial literacy is an important part of the Section's work.

Through community awareness programs, workshops, church engagements, youth programs, seasonal worker sessions, and other outreach activities, the Section helps Solomon Islanders understand:

• The importance of saving.
• Retirement planning.
• Budgeting and money management.
• Digital financial services.
• Responsible borrowing.
• Financial risk management.
• Climate-related financial risks.
• The benefits of starting to save early.

Our goal is not only to increase membership, but also to help members make informed and responsible financial decisions.

The youSave Call Centre provides members and prospective members with a convenient channel for information, assistance, and support.

The Call Centre assists with:

• New member enquiries.
• youSave registration assistance.
• Account information requests.
• Contribution enquiries.
• Withdrawal procedures.
• General information about youSave.
• Financial literacy and savings awareness.

The Call Centre helps improve accessibility to SINPF services and enables members across Solomon Islands to receive timely assistance without necessarily having to visit an SINPF office.

Contact the youSave Call Centre

Toll Free: 673

Telephone: 21659

Email: yousave@sinpf.org.sb

The Section coordinates a network of commissioned youSave Ambassadors who help extend financial education, awareness, and registration services into communities throughout Solomon Islands.

Our Ambassadors:

• Promote the importance of retirement savings.
• Educate communities about financial planning and financial resilience.
• Assist eligible individuals with youSave registration.
• Facilitate community engagement activities.
• Connect communities with SINPF services.
• Support savings campaigns, awareness programs, and outreach activities.
• Promote awareness of innovative financial products and digital services.

Through community-based engagement, our Ambassadors help ensure that more Solomon Islanders have access to information and opportunities to build a secure financial future.

youSave is designed to provide a practical savings pathway for people who earn income outside traditional formal employment arrangements.

Benefits of youSave include:

• Accessible – designed to reach Solomon Islanders across the country.
• Voluntary – members can choose to save according to their circumstances.
• Flexible – supports different income patterns and contribution capacities.
• Convenient – supported through SINPF offices, registration channels, community outreach, and digital services.
• Secure – provides a structured pathway for long-term retirement savings.
• Inclusive – suitable for a wide range of informal sector workers.
• Future-focused – encourages long-term financial planning and financial resilience.
• Connected – increasingly linked with digital payments, insurance, and responsible access to finance.

Whether you are a market vendor, farmer, fisher, artisan, small business owner, transport operator, self-employed worker, or seasonal worker, youSave provides a practical pathway to building greater financial security for the future.

The Informal Sector Section – Employer Member Services is committed to:

• Expanding access to retirement savings opportunities.
• Promoting financial inclusion throughout Solomon Islands.
• Encouraging a culture of saving and financial self-reliance.
• Delivering innovative, accessible, and member-focused financial solutions.
• Supporting members through education, technology, and community engagement.
• Strengthening partnerships that expand access to financial services.
• Leveraging digital technology to improve the member experience.
• Developing solutions that help members save, protect, access finance, and grow.

Our Mission

To ensure that every eligible Solomon Islander, regardless of employment status or location, has the opportunity to save, protect their financial future, access responsible financial services, and build greater financial security.

What is youSave?

youSave is SINPF's voluntary savings scheme designed primarily for people working in the informal sector and others who may not have access to compulsory provident fund contributions through formal employment.

Who can join youSave?

youSave is designed for eligible self-employed individuals, market vendors, farmers, fishers, casual workers, small business operators, seasonal workers, and other people working outside traditional formal employment arrangements.

How do I register for youSave?

Individuals can register through SINPF offices, approved registration channels, community outreach programs, and authorised youSave Ambassadors.

How much can I contribute?

Members can make voluntary contributions according to their financial circumstances, subject to the rules and requirements of the youSave scheme. For the latest contribution guidelines, members should contact SINPF or the youSave Call Centre.

Can seasonal workers join youSave?

Yes. Eligible Solomon Islanders participating in recognised labour mobility and seasonal worker programs can establish and contribute to a youSave account to support their long-term savings goals.

What is M-SELEN?

M-SELEN is a digital financial services platform that provides an electronic wallet and mobile-based financial services. Through its integration with youSave, members can access more convenient channels for managing and making savings contributions.

What is TrigaCash?

TrigaCash is a climate risk insurance initiative designed to provide protection against specified climate-related events, including heavy rainfall, cyclone wind damage, and drought, subject to the product's terms and conditions.

What are Digital Nano Loans?

Digital Nano Loans are small-value digital lending solutions being developed for eligible youSave members. The initiative aims to provide convenient and responsible access to credit using digital technology and alternative approaches to assessing eligibility.

Can I withdraw my savings?

Eligible members may apply for withdrawals in accordance with the rules, terms, and conditions of the youSave scheme. Members should contact SINPF for the latest withdrawal requirements and eligibility criteria.

Who can assist me in my community?

Commissioned youSave Ambassadors operate in many communities and can provide information, awareness, registration assistance, and guidance about the youSave scheme and related initiatives.

How can I get more information?

You can visit an SINPF office, contact the youSave Call Centre, or speak with an authorised youSave Ambassador in your community.