Nasfund gives K12,000 worth of prizes to 13 winners

Business

MORE than K12,000 worth of prizes have been won by 13 participants in the Nasfund Contributors Savings and Loan Society Ltd (NCSL) back to school loan promotion draw.
The first quarter promotion prizes comprised three Dell Laptops with carry bags from Digitec (PNG), and 10 K200 gift cards from Theodist Ltd.
According to Nasfund Contributors Savings and Loan Society Ltd, members who obtained loans of K500 or more automatically participated in the draw upon approval of the loan application.
A total of 8299 loan applications were received nationwide, with Nasfund Contributors Savings and Loan Society Ltd having processed more than K16 million in loans to members during the promotional period.
The draws were computerised with the system randomly generating names selected from loans which were approved during promotional dates.
The Nasfund Contributors Savings and Loan Society Ltd quarterly promotions are held to drive membership, support the Society’s lending activity, while promoting and building business relationships with partner companies.
The names of the 13 winners who participated in the promotion were announced on Monday.