Introduction

In Papua New Guinea, one of the most significant customary obligations arises when a loved one passes away. The expenses encompass various stages, from the time of death to the funeral home, daily expenses for the haus cry, repatriation of the deceased to the final resting place, and subsequent festivities. In this case study, we will explore how our financial expertise and loan offerings played a vital role in assisting Tau Haoda, a senior public servant, in securing funds for his brother’s funeral expenses.

Background

Tau Haoda holds a senior position in one of the largest government offices in Papua New Guinea’s capital. When his younger brother succumbed to a brief illness and passed away, Tau, as the eldest of four siblings, faced the significant financial responsibility of covering all expenses related to his brother’s untimely death.

The Challenge

Tau encountered the challenge of securing funds from a reliable financial institution that would understand his specific needs.

Our Solutions

Recognizing the urgency and importance of Tau Haoda’s financial predicament, National Finance swiftly devised a tailored loan solution plan. This plan included a competitive interest rate and a flexible repayment schedule specifically tailored to his situation.

Results

With the support of National Finance, Tau Haoda successfully managed the funeral expenses for his late brother, whom he repatriated back to his village in the Central Province.

Conclusion

National Finance takes pride in being a locally owned financial institution attuned to the needs of its Melanesian people. Our understanding of the unique challenges faced by ordinary working-class Papua New Guineans allows us to offer personalized financial solutions. Tau Haoda’s story serves as a testament to how National Finance supports Papua New Guineans through flexible and personalized lending solutions. We eagerly anticipate being a part of many more success stories in the future.