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Port Moresby
October 27, 2021
News

Westpac opens 21stIn-store Banking services

Veifa’a Village inthe Kairuku District ofthe Central province becamethe 21st location for Westpac’s instore banking establishment.

The in-store banking initiative allows rural communities to take ownership ofthe banking service.

The in-store banking service will be managed from agent Paul Akaina’s store. He was chosen bythe Chiefs andthe community to bethe agent.

Even though he dropped out of school at grade six, it’s his entrepreneurial mind that’s kept him going, apart fromthe trade store he looks after pigs.

Westpac saysthe community knows best when it comes to choosingthe right person for the job.In this waythe trust factor and security is secured. It’s also more economical for the bank.

Onthe day over five hundred Westpac Cards were given out.

Atthe same time new applications were being filled out. 12 year old Ruth Ernest was one ofthem. Withthe opening fee of just K2they came in numbers.

Background

It takes about three hours to get to Veifa’a village located inthe Mekeo LLG ofthe Kairuku district. The Population of about three thousand plus. Denomination predominantly is Catholic. Be tle nut istheir main cash crop.

https://youtube.com/watch?v=K5McETHEnwo%3Ffeature%3Doembed%26wmode%3Dopaque%26showinfo%3D0%26showsearch%3D0%26rel%3D0

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