The National, Monday October 28th, 2013
KAIA Elly of Baruni village in National Capital District is on her way to running her own business, thanks to the Super Value Stores (SVS) and Bank South Pacific (BSP).
The young entrepreneur stood proud as she opened her own Supa V Stoa at her village last Friday.
Elly is the fifth of 17 people who receive the store facility in the Motu-Koitabu area under a K1 million funding arrangement paved by NCD Governor Powes Parkop.
And as a Supa V Stoa owner, she is also a BSP agent.
Speaking at the opening of the retail outlet head of BSP Rural, Peter Komon said as a BSP agent, Elly would benefit fully from the bank’s business package.
Under BSP’s partnership with SVS, Supa V Stoa operators will benefit from:
- Smart business package, including smart loan;
- Incentives for BSP agents;
- Financial training;
- Access to BSP premium banking centres; and
- Access to electronic banking solutions, mobile and internet banking
Komon said: “As a young entrepreneur, Elly is ready to take on this challenge as she had undergone financial training to assist her in running her finances, which is critical to the growth of her operation.”
Despite their being in a different industry, the Supa V Stoa project had presented a opportunity for both BSP and SVS to help the rural the rural areas.
By creating a small business and driving additional revenue as a BSP agent, those operators would be able to build something while also serving their communities with essential goods and financial services.
The Supa V Stoas will provide 3,000 new access points for BSP customers in addition to some 15,000 terminals now in operation.
BSP was committed to working together with SVS in ensuring the success of Supa V Stoas.