Author: SNS TECH

Romentha Ben, an employee of Namba Wan Trophy Limited and who is a member of NCSL Savings and Loan since 2015, experienced the collective benefits of saving and supporting one another.

Romentha shared, “My father, also an NCSL member, saved with Education Savings and paid for my tuition fees. Witnessing the benefits firsthand, I understood the importance of saving and joined NCSL Savings and Loan upon formal employment.”

Over the years, Romentha has utilised her savings for significant purchases whilst providing family support. “The first item I bought was a 350-liter fridge for my mother from Brian Bell. In the same year, I purchased posts for the house and roofing iron to assist my parents in building their home. Recognizing the importance of education, I also prioritized supporting my siblings’ schooling. In 2020, I allocated a portion of my education savings specifically for this purpose, helping to pay for my siblings’ school fees and ensuring they could continue their education without financial barriers. Recently, I even bought a phone using my savings.”

Romentha advises everyone who has kids, to start saving for their future, even when it is every fortnight with a small amount.  “Many Papua New Guineans have financial obligations and struggle to save for school fees. NCSL’s Education Savings helps members to save specifically for this purpose and saving e.g. K20 or K50 fortnightly can make a significant difference.”

At NCSL Savings and Loan, we are committed to serving our members by providing financial services that empower our members and enhance their financial well-being.   Stories like Romentha’s inspire us and affirm our impact on the community. By joining NCSL Savings and Loan, and saving regularly, members can achieve financial security and support their families, just like Romentha.