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.
Introduction
National Finance is dedicated to aiding fellow Papua New Guineans requiring financial assistance for medical purposes. In this case study, we will delve into how our financial expertise and loan offerings played a crucial role in helping Tuaga Kempa, a regular teacher, secure funds for his wife’s medical expenses.
Background
Tuaga Kempa serves as a Primary School Teacher in the Morobe Province. The remote location posed challenges in obtaining necessary medical assistance when his wife suddenly collapsed, necessitating hospitalization. The family was referred to the General Hospital in Port Moresby for urgent medical attention. As a teacher, Mr. Kempa faced financial constraints in covering the costs of travel and medical bills.
The Challenge
Tuaga Kempa sought assistance from National Finance to finance the purchase of two airline tickets, as well as covering hospital and other anticipated expenses associated with their travel. His struggle extended beyond securing funds to finding a lender who understood the specific nuances of his financial predicament.
Our Solutions
Recognizing the urgency in Tuaga Kempa’s situation, National Finance promptly devised a tailored loan package to accommodate his expenses. This package featured a competitive interest rate and a flexible repayment schedule.
Results
With the support of National Finance, Tuaga Kempa successfully transported his wife to the Port Moresby General Hospital for urgent medical attention.
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. Tuaga Kempa’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.
Case Studies
Beyond the numbers: Financial success stories
National Finance loans have been instrumental in shaping the lives of the people of Papua New Guinea and the Solomon Islands, unlocking opportunities and fostering a ripple effect of success through personalised financing solutions.
