9 Apr 2013

Bank in PNG says more women keen to get involved in running businesses

10:34 am on 9 April 2013

The National Development Bank in Papua New Guinea says more rural and urban-based women are keen to get involved in running businesses.

The Banks's relationship manager for women in business, Janet Kaule, told hundreds of women who attended a road show in Lae last week that women are also better than men in repaying loans.

According to The National, the road show aimed to promote the bank's business desk for women by encouraging them to tap into a 25 million Kina programme provided by the government through the bank.

Ms Kaule says the Bank's target is to get 400 women this year to get loans to start or expand their businesses as well as enjoy its 6.5 percent flat interest rate on all its different loans.