NATION

Bank Details Products With Prospective Clients

“The main target for the talanoa session or awareness is for our people, our farmers – so they can grow in business such as the small business loan, the fish-farming loan, taxi, rental, market vendors and the big loans are for our commercial clients.
05 May 2019 01:08
Bank Details Products With Prospective Clients
Fiji Development Bank Labasa Branch Manager Tevita Turagatani (left) with 70 year-old Solomone Senikauciri and Mosese Betekasa of Batiri, Seaqaqa, during the FDB talanoa session at the old MH site on May 4, 2019. Photo: Laisa Lui

The Fiji Development Bank (FDB) says it is working on ensuring that farm­ers are aware of the initiatives and programmes it offer to help them.

Yesterday, it held a talanoa session at the old MH site in Labasa.

FDB Labasa branch Manager Tevita Tura­gatani said that it was the initiative of the bank to create awareness among the gener­al public on the products the bank had.

Mr Turagatani said these were products that farmers could access to enhance their businesses and elevate their socio-econom­ic status

“There is a new product called the “Agri­culture Family Loan” which is specially de­signed for our rural farmers who are farm­ing on communally-owned land or land that is owned by the mataqali and they don’t have any form of formal lease,” he said.

“Previously the bank lent money to farm­ers with leasehold, but the bulk of our ru­ral farmers are farming on communal land and they are unable to access FDB assis­tance, so the bank designed a new package to try and accommodate this group of farm­ers, so we came up with this Agriculture Family Loan.

“Like any other loan it has several criteria and for this new product it needs a consent letter from the head of the clan, along with identification, TIN letter and deposits.

“The main target for the talanoa session or awareness is for our people, our farmers – so they can grow in business such as the small business loan, the fish-farming loan, taxi, rental, market vendors and the big loans are for our commercial clients.

“We assist any business that is licensed by the Government of Fiji to operate,” Mr Turagatani said.

“We believe that at the end of the day, it will be a successful one as we have custom­ers inquiring about other products.”

Fiji Development Bank Labasa Branch team during the FDB talanoa session at the old MH site on May 4, 2019. Photo: Fiji Development Bank facebook page

Fiji Development Bank Labasa Branch team during the FDB talanoa session at the old MH site on May 4, 2019. Photo: Fiji Development Bank facebook page

Seventy-year-old Solomone Senikuraciri of Batiri in Seaqaqa said coming to the talanoa session was a success for him be­cause his enquiries were answered.

He is even encouraging other landowners to take advantage of such awareness pro­grammes to be able to get the right informa­tion from FDB officers themselves.

Edited by Epineri Vula

Feedback: laisa.kabulevu@fijisun.com.fj

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