Kada Poroman Microfinance

What Kada Poroman Microfinance does

Kada Poroman Microfinance Limited (KPML) is a regulated, for-profit microfinance institution incorporated on 28 February 2006 in Papua New Guinea, headquartered in Kokopo, East New Britain Province. The company is majority-owned (82%) by the four Local Level Governments of Kokopo District (Kokopo/Vunamami, Bitapaka, Raluana, and Duke of Yorks), with the remaining 18% held by the public, predominantly its own customers. It operates three physical locations — Kokopo (head office), Rabaul (since 2015), and Kerevat — supplemented by mobile banking deployments that reach unbanked populations in surrounding rural communities, accompanied by in-community financial literacy training.

KPML's product portfolio spans five savings products (Poroman Saver transactional account, Bungim Saver passbook collateral account, Skul Pikinini Saver for students aged 10–20, X-Mas Saver, and Poroman Interest-Bearing Deposit at 2.5–4.5% p.a.) and seven loan products ranging from K500–K15,000 micro-loans to K1,000,000 SME High Value loans, with interest rates between 18% and 33% per annum. Specialized products include the Liklik Bisnis Meri Loan targeting women entrepreneurs and the Salary Loan for government and private-sector employees. The Bungim Saver functions as both a savings vehicle and collateral prerequisite for accessing loans.

The business model generates revenue primarily through net interest spread between lending rates (21–33% p.a.) and deposit/IBD rates (2.5–4.5% p.a.), supplemented by account opening fees (K20) and monthly account-keeping fees (K2). The go-to-market is community-led and direct-to-consumer: physical branches serve urban and peri-urban clients while mobile banking units conduct financial literacy programs in rural villages to drive account opening and deposit mobilization among populations classified as non-bankable by commercial banks.

Name

Kada Poroman Microfinance

Legal name

Kada Poroman Microfinance Limited

Website

https://kpml.com.pg

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

Kada Poroman Microfinance Limited is a Papua New Guinea microfinance institution, 82%-owned by the four Local Level Governments of Kokopo District, offering savings accounts and small-business, salary, and women-focused loans to unbanked and informal-sector populations across East New Britain Province.

Ownership category

akta.pro rank

Product category

Microfinance Services

NAICS

Savings Institutions and Other Depository Credit Intermediation (52218)

SIC

Savings Institutions, Not Federally Chartered (6036)

akta.pro primary industry

Microloans & Working Capital Loans (FSAKAGAA)

akta.pro secondary industries

Microfinance, Financial Inclusion & Inclusive Markets (BPAGABAM), SBA/Government-Backed & Development Finance Loans (FSAKAGAI), Agricultural & Rural Microfinance (FSAKAGAG)

Keywords

• Microfinance services
• Savings accounts
• Small business loans
• Mobile banking
• Financial inclusion

Headquarters

HQ city

Kokopo

HQ country

Papua New Guinea

HQ region

Oceania

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Loan Interest Income: Primary revenue stream from interest charged on various loan products including Salary Loans (33% p.a.), SME Loans (24% p.a.), Motor Vehicle Loans (24% p.a.), High Value SME Loans (21% p.a.), and Liklik Bisnis Meri Loans for women (25% p.a.).
2. Interest-Bearing Deposits: Interest-bearing deposit products (Poroman IBD) paying 2.5-4.5% interest to depositors, generating spread income between lending and deposit rates.
3. Account Fees: Account opening fees (K20), monthly account keeping fees (K2), and potential penalties for premature IBD withdrawals (2% penalty).
4. Collateral-linked Lending: Revenue generated from secured lending against savings collateral (Bungim Saver requiring minimum K625 for loan access), enabling higher-value loans with reduced risk.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels3 records

Core offering

Kada Poroman Microfinance Limited is a regulated microfinance institution that provides savings products (transactional, passbook collateral, student, seasonal Christmas, and interest-bearing deposit accounts) and micro-to-SME loan products (salary, swift, small business, SME, women-focused, motor vehicle, and high-value SME loans) to individuals, employees, women entrepreneurs, informal sector operators, and small businesses in Papua New Guinea's East New Britain Province, including mobile banking outreach into unbanked rural communities.

Product overview

Kada Poroman Microfinance Limited operates as a regulated microfinance institution offering a portfolio of savings products and loan products. The savings suite includes the Poroman Saver Account (primary transactional account), Bungim Saver Account (collateral-backed passbook savings), Skul Pikinini Saver (student savings), X-Mas Saver Account (seasonal savings), and Poroman IBD (interest-bearing deposit investment product). The loan portfolio spans from small emergency loans (Swift Loan, Small Business Loan starting at K500-K15,000) to substantial SME financing (SME High Value Loan up to K1,000,000), with targeted products including the Liklik Bisnis Meri Loan for women entrepreneurs and Motor Vehicle Loan for asset acquisition. The institution also provides mobile/rural banking services to reach unbanked communities in East New Britain Province.

Differentiator

Problem solved

Functional benefit

Products and services

• Poroman Saver Account The primary transactional savings account enabling customers to conduct daily withdrawals and deposits. Open to individuals and organizations with simple account opening requirements (K20 opening fee, K2 monthly account keeping fee).
• Bungim Saver Account A passbook savings account used for savings purposes that can serve as collateral to access KPML loan products. Minimum savings of K625 required to obtain a loan against savings.
• Skul Pikinini Saver A passbook savings account designed for students aged 10-20 to encourage savings for school fees, stationery, and other school-related items. Withdrawals only allowed December to January and February.
• X-Mas Saver Account A seasonal savings account for accumulating funds to spend during Christmas. Account opening fee is K20.00.
• Poroman IBD (Interest Bearing Deposit) An investment savings product where customers deposit surplus funds and earn interest after a specified period. Interest rates range from 2.5% to 4.5% depending on deposit amount and duration (6-12 months), with a 2% penalty on premature withdrawal.
• Salary Loan A short to medium-term loan for employees of government, public and private sectors. Loans up to K30,000 with maximum 24-month term at 33% interest per annum.
• Swift Loan A short-term general purpose loan ranging from K500 to K15,000 with terms of 6-12 months. Available to all customers with a savings account.
• Small Business Loan A short-term loan for individuals and small businesses to fund capital assets or purchase stock. Loan amounts range from K1,000 to K15,000 with a 12-month term.
• SME Loan A short to medium-term loan to fund capital assets or working capital for individuals and small businesses. Loan amounts from K1,000 to K15,000, terms of 12-36 months, at 24% interest per annum. Requires 24 months residency, 12 months business operation, guarantor and 100% collateral.
• Liklik Bisnis Meri Loan (LBML) A women-focused micro loan product providing K500 to K15,000 at 25% per annum to support women entrepreneurs in expanding their micro, small and medium-sized enterprises (MSMEs). Requires 24 months residency, 12 months business, guarantors and cash equity.
• Motor Vehicle Loan A loan product for financing motor vehicle acquisition essential in generating income for business. Amounts from K20,001 to K250,000, terms up to 60 months, at 24% interest per annum.
• SME High Value Loan A high-value loan for formal business houses to finance machinery, fixed assets, and real estate. Amounts from K200,000 to K1,000,000 with terms up to 60 months at 21% interest per annum. Requires 24 months business operation, guarantor, 100%+ collateral, and IPA Registration.
• Mobile Banking / Rural Banking Mobile banking operations deployed to reach unbanked populations in rural communities across East New Britain Province, including account opening, transactions, financial services delivery outside physical branches, and accompanying financial literacy training.

Quantifiable outcome

• Loan approval in 7 days
• +2 more outcomes

Segments6 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators6 records

Recent moves10 records

Expansion highlights5 records

Market position

Strengths1 record

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/KadaPoromanMicrofinanceLimited
• LinkedInlinkedin.com/company/kada-poroman-microfinance-limited-enbp

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kada Poroman Microfinance