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Facility To Ease Burden For North

Facility To Ease Burden For North
Commissioner Northern Jovesa Vocea opens the Fiji Public Service Credit Union and Skaffwork Building Solutions Fiji Limited premises office at Vakamasusua subdivision in Labasa yesterday. Photo: SHRATIKA NAIDU
March 19
11:00 2017

A premise that houses both the Fiji Public Service Credit Union (FPSCU) and Skaff work Building Solutions Fiji Limited has opened at Vakamasusua subdivision in Labasa yesterday.

Fiji Public Service Credit Union chairperson Jowana Koroituinakelo during the opening said members in the Northern Division would no longer have to lodge their loan applications in Suva.

“The FPSCU was established in 1972 and is now the largest credit union in Fiji with more than 6000 active members and a total asset of $22 million,” Ms Koroituinakelo said.

“This union with its capacity in growth had diversified and invested in properties and business as we have witnessed the opening of the office in Labasa to facilitate services to its members on its key role of lending, savings and the operation of Skaffwork which the union bought in September 2016 worth of $1.6 million.”

Mrs Koroituinakelo said the other property investment of the union was the Credit Union Towers building, Head Quarters building, vacant freehold lots in Suva for future development, 62 acre Navoli farm in Ba and term deposit with Kontiki Finance.

Commissioner Northern Jovesa Vocea who was the chief guest said the opening of the FPSCU Labasa office after 45 years of establishment would ensure that locals receive the chance to save and be assisted through loans.

“It will give locals the opportunity to be part of FPSCU family that will offer incentives and reap the rewards of dividends and shares,” Mr Vocea said.

“Gone are the days that we have to send our loan application to Suva and wait for one week to get a feedback.

“As from today, FPSCU members will enjoy the luxury enjoyed by our colleagues in Suva.”

“It is also good to note that Skaffwork which is an investment arm of the organisation presence allows locals in the North to choose which scaffolding company they can contract.

“We have only one scaffolding company in Labasa and with Government’s initiatives to literally build Labasa from the ground up, we welcome the healthy competition.”

He thanked FPSCU and Skaffwork for taking the risk to be in North allowing them the opportunity to choose the services provided.

Thank you for believing in the people of the Friendly North.”

FPSCU general manager Jone Koroi said the opening of the premise was about $10,000 investment.



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