Money Markets of PNG (“M2PNG”) is a micro finance institution that specializes in providing financial services to individuals, micro, small and medium businesses at large. However, our primary focus is to serve the agricultural sector which has largely been under served by financial institutions. We were registered with the Investment Promotion Authority and provide a full range of financial services such as small lender loans and credits at very affordable interest rates. M2PNG has over 500 clients at the moment and many of whom are being served remotely using a branch less approach on the back of a technology platform. This number is ever increasing.
Our aim is to pursue and unlock the vast potential that lies in the businesses and farmers within the agricultural sector using the value chain financing approach. As we do this, the ripple effect will be the growth of economic generating activities in terms of knowledge, quality produce
and tangible wealth. As a fully licensed institution our services although primarily focused on the agricultural sector will be targeted to all businesses that fall within the description of small and micro enterprises.
The products we offer will enable our client to improve their status in life. We aim at the productivity of the client to enable them achieve their full potential which has hitherto been elusive due to the perceived risky nature of providing financial services to the Micro, Small and Medium Businesses sector and more so the agricultural sector.
We achieve this by emphasizing the immense benefits of empowering the client through a discipline of consistent and deliberate savings to achieve both short term and long term goals.
Our Purpose :
We exist to provide businesses the power to grow.
Our Vision :
To be the financial services provider of choice.
Our Mission:
To provide unique, excellent, customer driven, accessible financial services, restore the customers’ dignity, improve their standard of living and increase value for our stakeholders.
Corporate Values:
– Fairness
– Integrity
– Innovation
– Value
– Excellence
Motto:
Power to Grow
M2PNG is the brainchild of the Consortium of Leadership Excellence Limited (“COLE”) a youth talent development initiative which provides full entrepreneurship support to its clients who mainly consist of youth. COLE realized that a gap existed in the rural areas where banking services are insignificant. It was increasingly evident that individuals and farmers were the most undeserved people in Papua New Guinea. Secondly, COLE found that in these areas, the demand for credit greatly outstripped the supply. M2PNG was therefore set – up as a niche microfinance keenly aware of what currently ails the micro, small and medium business sector and seeking to curve its market share by providing efficient market led solutions especially in the rural areas.
Money Markets of PNG is committed to maintaining robust privacy protections for its users. Our Privacy Policy is designed to help you understand how we collect, use and safeguard the information you provide to us and to assist you in making informed decisions when using our Service.