- FinEquity_WMBL_CaseStudy
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From a street vendor woman to a successful woman entrepreneur; supported by Women’s Micro Bank
In July-2021-Mrs Awi Danial from Navagusap village in Wosera-Gawi East Sepik Province but live in Lae, Morobe Province –Bumbu Compound, Most of us in urban towns and cities turn to stereo type every young and middle-aged men, women and youth street vendors in all corners of cities and town precincts as eye sore and social problems. While we are focusing on stereotyping, we forget to look beyond the sight horizon on what basis these street vendors are doing and why. Everyone works for a common purpose, that is, to survive and be successful in whatever case or domain it may be. - NCD Governor’s initiative to support and empower SMEs in the city through the NCD SME Service Centre, with Women’s Micro Bank and Digicel Cell Moni.
July -2021-Over 40 market vendors from Waigani Market have been up-skilled through a two-day financial literacy training by qualified professionals from the Women’s Micro Bank and Digicel Cell Moni. The training is a crucial part of NCD Governor’s initiative to support and empower SMEs in the city through the NCD SME Service Centre. The vendors, who received their certificates, were the first beneficiaries of the programmer and operate in the informal sector. NCD Governor Powes Parkop congratulated the vendors for taking the first step towards becoming entrepreneurs in the city.
- Mrs Cathy Nita
June -2021-Cathy Nita is 35 years of age from Paosa village in the Enga Province Cathy Nita started her entrepreneurial activities by reselling second-hand clothing, which she usually sell one bale at a time in the open market area. She usually faces a lot of competition and so Cathy sells her clothing for as low as K2, K3, K5 or K10, which she doesn’t make much by the end of the day. Given the little income Cathy earns, she tries her very bestin her family homethat I have had since day oneShe has started a savings Women’s Micro Bank since 02nd of Maythe required amount to cater for all her family needs. Nonetheless
- Mrs Jenny Paul
Jenny Paul is 41 years of age from Ambum Kompiam in the Enga Province and she is married to a man from Kaniantu in the Eastern Highlands Provinces. She has been residing in Lae for the last 12 years.
- MAMA ANNA GOI
Anna Goi is 47 years old mother of five who hails from Highlands region of Papua New Guinea specifically Chimbu province in a small village in Gembog district called Sidnige. She lives all her life in Port Moreby at her family home at Tokorara.
- EDNA KUSUBA
EDNA KUSUBA lives in Erima Village, Ward# 17, Astrolobay Local Level Government Council, Madang District, Madang Province and it’s about 1 1/2 hour drive or on pmv cost her K5 one way. She has started savings with Women’s Micro Bank since 02nd of May, 2016 and her savings has reached the requirement amount guaranteed her to get a Start-up loan (Kwik Loan).
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- Mrs. Elizabeth Tandapi
Elizabeth Tandapilives in Hailing from Enga province
The dream that I had since day one is a dream come true today, from table market to trade store, taxi service and rental property.” Testified Elizabeth Tandapi, one of the pioneer customers of Women’s Micro Bank.
- Nini & Usi Hogopa
Meet Nini & Usi Hogopa, a couple from Eastern Highlands Province, who have scaled up their fresh produce business from just an informal table market at Boroko Market to an MSME that now supplies hotels in Port Moresby, all made possible through Women’s Micro Bank.
