National Development Bank

From Humble Beginnings to Enterprise Growth: How One Aitape Entrepreneur Rose with NDB’s Support

In the evolving landscape of Papua New Guinea’s MSME and SME sector, the story of ordinary citizens rising to extraordinary heights continues to define the spirit of local entrepreneurship. Among these stories stands a remarkable example of resilience, belief, and transformation — the journey of Jacklyn Takil Yenas from Aitape Town in West Sepik Province.

What began with a single conversation in 2017 has grown into a multi sector enterprise, proving that with determination, discipline, and the right financial partner, dreams can become thriving businesses.

Jacklyn’s entry into the world of business was not through grand plans or formal training. It began when she met representatives of the National Development Bank (NDB) during a marketing outreach by the Wewak Branch team. That engagement opened her eyes to the possibilities available through NDB’s financial products tailored specifically for Papua New Guinean entrepreneurs.

With courage and hope, she took her first step that same year — submitting her very first loan application.

In 2018, Jacklyn received funding for her first major investment: a brand new 15 seater Toyota HiAce from Ela Motors. This marked the official birth of her PMV business. Recognizing the unmet transport needs of Aitape’s communities, she reinvested wisely, purchasing a second 15 seater in 2020 and expanding further with a 26 seater Toyota Coaster in 2022.

Her PMV operation soon grew into a lifeline for locals travelling between key routes in Aitape. Through disciplined financial habits, timely loan repayments, and responsible management, Jacklyn built a business foundation strong enough to support expansion beyond transport.

With increased confidence and growing business insight, Jacklyn diversified her operations. She opened her first retail shop in Aitape, tapping into the demand for general goods and household items. Not long after, she took another bold step — expanding to Vanimo and establishing an additional retail outlet there.

Her enterprise, once an informal venture relying solely on modest personal savings, had now transformed into a multi sector business operation spanning PMV services, retail, and logistics.

In 2026, Jacklyn once again turned to NDB for support and secured her fourth loan. This time, she invested in a three seater Toyota Land Cruiser to streamline the transportation of goods between Wewak, Aitape, and Vanimo. The vehicle now serves as a crucial link in her supply chain, improving efficiency, reducing costs, and expanding her reach.

Her evolution from a first time loan applicant to a seasoned entrepreneur is a testament to perseverance — and to the transformative power of accessible financial support.

Jacklyn continues to inspire others in her community who feel uncertain or fearful about starting a business.

“Don’t be afraid to take up loans — they help you expand and build your business.” Despite having only a Grade 10 education and limited digital literacy, Jacklyn has managed her businesses with diligence, using manual bookkeeping and strict budgeting practices. She credits her loan journey for strengthening her accountability and financial discipline. “Preparing for loan repayments every month taught me responsibility,” she shares. “It made me stronger in managing my business.” Her experience demonstrates that success does not require a university degree — it requires commitment, good habits, and access to the right support. Jacklyn’s story is not just a personal victory — it reflects broader national progress. Her growth was made possible through the MSME Funding support provided under the Marape Rosso Government, which has empowered thousands of Papua New Guineans to pursue economic independence. The Government’s continued investment in MSMEs is strengthening the backbone of the nation’s economy, creating opportunities in urban and rural communities alike. Acting CEO of the National Development Bank, Mr. David Munaga, acknowledged Jacklyn’s achievements and reaffirmed NDB’s mission to uplift small and medium enterprises across the country. “Jacklyn’s journey is a shining example of what Papua New Guineans can achieve when they are given the right support. The National Development Bank is proud to walk alongside entrepreneurs like her,” Mr. Munaga said. He further expressed appreciation to the National Government: “We thank the Marape Rosso Government for its continued support towards MSME Funding. This commitment is helping ordinary Papua New Guineans build their businesses, support their families, and contribute to growing the MSME and SME sector in PNG.” Jacklyn’s story is a reminder that entrepreneurship is not reserved for the privileged — it is available to anyone willing to take the first step. With NDB’s support and the Government’s continued investment in MSMEs, more Papua New Guineans are rewriting their stories, transforming their futures, and building a stronger national economy. Her message to aspiring entrepreneurs remains simple and powerful: “If you’re thinking about business — think NDB. It’s truly the bank for our people.”

Photo:Jacklyn Takil Yenas