BRIEF HISTORY
PNG Power Staff Savings and Loan Society Ltd (PPSSLS) formerly known as Elcom Staff Savings & Loan Society Ltd was established in 1988 by a handful of visionary workers of the then Electricity Commission (Elcom).
PPSSLS is a financial co-operative comprised of people who collectively save their excess income. In doing so, they create a pool of funds that is readily available to cater for those members who are in financial need and turn to the Society for assistance.
The aim of PPSSLS is to encourage people to save their surplus money wisely in the form of savings deposits, issue loans to its members who are in financial need and educate and encourage members so they may achieve desired financial independence.
PPSSLS – An affiliate of the Federation of Savings and Loan Societies Limited
MEMBERSHIP
- NOW OPEN to all Public & Private sector employees!
- Must be on the payroll system (Individual deductions allowed but conditions apply.
- K2.00 FEE – K1.00 goes for membership fee & K1.00 goes for your SHARE PURCHASE
- Contributing / Financial Members own the Society & benefit from the Society
- Requirements: Confirmation Letter, Fill Membership Form, Latest Payslip
PURPOSE
Savings Mobilisation
Issuing Loans to Members in Financial Need / For the Betterment of their livelihood
Provide Medical, Personal Accident & Life Cover / Insurance to its Members
Educating our Members of Financial Responsibility ultimately for financial independence.
VISION
“To be the leading ‘Growth’ Savings & Loan Society in Papua New Guinea”
MISSION
“To deliver improved financial services to the members through maximized savings returns and responsible lending that enables realistic life improvement”
VALUES
Integrity & Transparency – uphold the highest standards of conduct in all our actions
Financial Stewardship – promote financial safety and soundness
Member Commitment – develop relationships that make a positive difference in our members’ lives
Employee Commitment – Value our employees, encourage development and reward positive performance
Meet the Team
ELIAKIM TOBOLTON
MANAGER
Eliakim joined the Society in June 2003. Over 19+ years with the Society, he has worked his way up the ranks occupying numerous positions as Accounts Officer, to Finance Officer, then as Accountant and is currently the Manager.
Graduating with a Diploma in Commerce from UPNG, Eliakim also recently attained a Graduate Certificate in Business from Southern Cross university.
MARIA LULUN
ACCOUNTANT
Maria was previous employed with Nasfund for well over 15 years before joining the team in October 2010. She started as the Finance Officer and is now the Society’s Accountant.
Maria holds a Diploma in Commerce from UPNG and is a member of CPA PNG.
STEVEN LOLOGA
LOANS OFFICER
Been with Society since August 2016. Recently attained a Certificate in Microfinance from CEFI
JULIE RIA
SYSTEM INFORMATION OFFICER
Julie is the longest serving officer of the Society. Commencing in July 1988, Julie was the first officer to be employed with the then ‘Elcom Staff Savings & Loan Society Ltd’. Over 34 years Julie has occupied numerous positions throughout the organisation and in pretty much regarded as the ‘Kwila’ of the Society.
Been with Society since – July 1988
WABU DANIELS
INSURANCE OFFICER
Been with Society since January 1993
VAVINE OLAU
ADMIN SUPPORT
Been with Society since June 2019.
Feel free to contact us using this form
Get in touch with us
Phone
(675) 3230581 / 3230591
enquiries@ppssls.com.pg
Location
Times Square Building, Level 1, Unit 1C, Wards Strip Road, Gordons, Port Moresby, NCD