Organizations

Organizations

National Development Bank, Papua New Guinea - Women in Business Programme

National Development Bank, Papua New Guinea - Women in Business Programme

The NDB Women in Business Desk was established in October 2010 to support and assist Papua New Guinean Women in Business. This came about as NDB attempts to;

  • Align itself into achieving the 2050 Vision of the National Government, under its "Wealth Creation Pillar" and
  • Develop a vehicle for the economic empowerment of women in PNG so they can contribute to the well being of their families and economic development of our country.

Women as a gender in Papua New Guinea has been marginalised and restricted from meaningfully contribute to making a difference in all areas of life. According to latest trends both globally and locally, women are becoming more and more active in getting into entrepreneurial enterprises and driving financial independence and empowerment agendas. They are fast becoming significant players in economic development of any nation and PNG is no exception as proven when the Women in Business Desk was set up by NDB in 2010. In a space of 12 months, NDB had grown its loan book for women from K750, 000 to K10,000,000. (A 1000% growth in loans given to Women in the formal Business Sector)

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