Tisa gives Air Niugini staff a rundown of financial services

Business

A Tisa Community Finance (TCF) sales team recently visited Air Niugini Training Centre in Port Moresby to present its financial products to airline staff.
Credit manager Francis Pahun stressed the responsibility of Tisa Community Finance to best assist its customers to choose a loan product that was best suitable and more affordable to assist with the customer’s financial needs, rather than just sellling a loan product to earn profit.
“We want to encourage customers to have enough take-home pay to cater for their families,” he said.
“We have come up with loan products with affordable interest rates to assist with their financial needs.”
TCF said many public servants and statutory entity employees, particularly in the urban centres, often seek loans from banks and other financial institutions to get by, provide for their daily needs or pay for school fees, special events and other major expenses.
“For some, this behaviour of borrowing can be cumbersome when one goes to several financial institutions to fund their cash needs, or take up a loan that is too expensive to repay when other expenses come in to consume what is remaining from the net pay,” it said.
TCF, established two years ago, is a licensed financial institution that is a 100 per cent subsidiary of Teachers’ Savings and Loan Society.
Its business office is located behind Westpac along central Waigani.
The entity was set up to cater for the growing demand of financial products nationwide.
It targets a customer base of public servants, State-owned enterprise (SOE) employees and private companies.