NDB WIB – Post summit Activities

After the successful 2012 NDB Women In Business Summit the NDB WIB Network website (www.ndbwibn.com) listed the following activities that are been carried out to keep the momentum rolling as well as what has taken place.

• The NDB branches across the country are been swamped by a huge number of loan queries from the women in business sector seeking lending assistance.
• Appreciation and thank you letters are been sent to all 2012 NDB Women In Business Summit participants. The participants will be sent DVD copies of the Summit along with NDB WIB Product brochures and information pamphlets.
• Those unlucky individuals who were refused from registering for the Summit because of limited space will be sent DVD copies of the Summit along with NDB WIB Product brochures and information pamphlets. The unsuccessful participants will be given priority in the next Summit.
• All NDB WIB Relationships officers are currently busy attending to large number of applications for loans at the Branches
• All interested businesswomen in the SME sector are encouraged to apply for membership to the NDB Women in Business Club either thru the website (www.ndbwibn.com) or by visiting the branches nearest them. Application forms can be obtained by sending a request thru the website or by contacting the WIB desk at NDB Head Office.
• A database of NDB WIB Club members is being created to be accessed by other Club members for networking and information purposes.
• A formal recognition is being planned to acknowledge those NDB staff and Committee members who gave their best efforts to ensure the successful launching of the Summit.

For more information regarding the NDB Women In Business Network please visit the NDB WIB Network website http://www.ndbwibn.com

Short Video – 2012 NDB Women In Business Summit

A short video of the 2012 NDB Women In Business Summit that was produced by Next of Kin Productions has been placed on the NDB Facebook page http://www.facebook.com/hausmoni . Special thanks to Jelena Tamate the Managing Partner of Next of Kin Productions for allowing us to post this video.

NDB Chairman’s Awards Recipients

The first NDB Board Dinner for 2012 was held at the Crown Plaza in Port Moresby last night. During the dinner the National Development Bank’s Board of Directors Chairman Mr. William Lamur presented the NDB Chairman’s Award to a number of people for their invaluable contribution to the success of the first NDB Women In Business Summit that was held on the 25th-27th March, 2012 in Port Moresby.

The list of recipients were:

1. Richard Maru
2. Moses Liu
3. Anthony Dela Cruz
4. Desmond Yaninen
5. Janet Kaule
6. Esther Igo
7. Angin Wape
8. Susan Unumba
9. Grace Andrew
10. Ian Cosmas
11. Vicky Vene
12. Jennifer Tibu
13. Joy Torato
14. Joab Bale
15. Karen Joseph
16. Leonie Janginen
17. Angeline Rex
18. Mona Konena
19. Harry Kokiva
20. Ephraim Waffi
21. Malcolm Gari
22. Errie Sione
23. Sam Simango
24. Malachi Amaiu
25. Budowa Weina
26. Simon Makemba
27. Joe Temai
28. Inive Tawari
29. Steven Vovolo
30. Veronica Ume
31. Ainesa Vere
32. Steven Vaga

Photos from 2012 NDB WIB Summit on Facebook

Photos from the 2012 NDB Women In Business Summit have been place on the NDB Facebook page. Please click on the following link: 2012 NDB Women In Business Summit Photos or visit the NDB Facebook page www.facebook.com/hausmoni to view these photos.

NDB Women In Business – New Loan Products

NDB has launched two new NDB Women In Business Loan Products called Start Up Package and the Grower Package during the Women in Business Summit held on 26th and 27th of March 2012 at Holiday Inn Port Moresby.

The creation of these two new products has been specifically designed to meet the needs of Papua New Guinean women entrepreneurs to start their businesses and to grow their businesses.

PRODUCT NAME: WIB START-UP PACKAGE
Range: K5,000 – K100,000
Interest Rate: 10%
Equity: (Cash Equity) 20% (with security) 30% (no security)
Term: 2-15 years
Qualification: Only Women owned and managed businesses
Ages: 18 – 55

PRODUCT NAME: WIB GROWER PACKAGE
Range K100,000 +
Interest Rate Match Market Rates
Equity Purely Historical or Historical + Cash Equity
Term 2 – 20 Years
Qualification Only Women owned and managed businesses
Ages 18 – 55

NDB has committed K20 million of funding for 2012 with further growth projected for 2013.

If you have any questions relating to the new NDB Women In Business Products, please contact:

Janet Kaule
Relationship Manager
Women in Business
P o box 686, Boroko, NCD
Papua New Guinea
Email: jkaule@devbank.com.pg
Phone: 324 7584