New loan product out

 THE People’s Micro Bank, recently introduced its new loan product “Woklain Dinau”.
The product, which has no recurring monthly fees, aimed to benefit those with a permanent income.
The product is basically salary-secured loans and is for those who have been employed for more than a year.
Maximum repayment term is two years.
Chief executive Anthony Dela Cruz congratulated the first five customers of the product last Friday at 4-Mile branch, Port Moresby.
The customers were all employees of Hides Gas Development Company Ltd.