NDB Women In Business – New Loan Products

5 04 2012

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


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Information

8 responses

8 07 2012
Tepenia Kaul

Hi my name is Tepenia Kaul, and I realy want to enjoyed the WIBSTART-UP PACKAGE. Please email me more information on how to joined

9 07 2012
Jeremy Ningiga

Hi Tepenia
please contact one of NDB Women In Business Staff below for more information on the NDB WIB Start-Up-Package.

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

or

Angeline Rex
Relationship Officer
Women in Business
P o box 686, Boroko, NCD
Papua New Guinea
Email: arex@devbank.com.pg
Phone: 324 7522

Details of NDB Women In Business officers at your nearest NDB branch can be found on the following web page:

Contact Details for NDB Women In Business Representatives

18 03 2013
Merolyn

Hello Im Merolyn Tawam,
this is great how will I start?

regards,
Merolyn Tawam

4 04 2013
Jeremy Ningiga

Hi Merolyn
please contact your nearest NDB branch who will be able to assist you with your loan application. The contact details of NDB branches are found on the contact details page of this blog.
Thanks

25 04 2013
Sandra.Feda.Bulungol

It is so interesting,encouraging and wonderful,and successful story about WIB NDB, For a person like me who is so interested in continuing what my diseased mam left behind, a small canteen in my father’s village.The canteen is run down.Can WIB NDB HELP?

3 06 2013
Jeremy Ningiga

Hi Sandra
please contact the NDB Staff below who will be able to assist you.

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

or

Angeline Rex
Relationship Officer
Women in Business
P o box 686, Boroko, NCD
Papua New Guinea
Email: arex@devbank.com.pg
Phone: 324 7522

Thanks

8 01 2014
ela gamini

I have attended the chamber of commerce women in business conference in November 2013, am interested in obtaining a loan to continue my business.

7 02 2014
Jeremy Ningiga

Hi Ela
if it is a Women in Business loan that you want information on please contact:
Mrs. Janet Kaule
Manageress Women In Business
PO Box 686
Waigani
National Capital District
Phone: 324 7628 | Fax: 324 7535 | Email: jkaule@devbank.com.pg

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