In a country where many young people are struggling with debt and a lack of financial education, one young entrepreneur is showing that age need not be an obstacle to making a difference in these areas. This businessman is young. Paulvia Shiburi, founder of PS Debt Management, is a beacon of hope for the economically disadvantaged in South Africa.
Shiburi established herself professionally in the prosperous metropolis of Pretoria, but she is originally from the town of Mokopane in the province of Limpopo. She earned her degree in Financial Accounting from this school three years before beginning her work as a debt counsellor at Compuscan Academy.
She dabbled in financial counselling during her college years, which piqued her interest in credit report auditing. As Shiburi puts it, “Working as a consultant at a debt-review company while simultaneously pursuing my education was a life-changing experience.” The inspiration for PS Management came from the realisation that helping others resolve their financial difficulties was my true calling.
Inspired by the author’s struggles with debt, PS Debt Management is a catalyst for change in the way consumers approach their finances, budgets, credit, and debts. Shiburi elaborated on the issue as follows: “Experiencing the burden of debt first-hand, living from paycheck to paycheck, and the peace of mind that resulted made me realise the pressing need for a solution.”
PS Debt Management is an established leader in the South African financial industry and a registered provider of financial services. The company has helped countless people throughout the years it has been in business.
When asked about what sets her organisation apart, Shiburi is quick to say, “Our primary service is debt review and counselling, which is a highly efficient process.” After carefully evaluating each client’s situation, if debt review isn’t the best option, we point them in the direction of other helpful resources.
Shiburi is not satisfied with simply eliminating the debts that have already accrued; rather, she wants to address the root cause of the issue, which is a lack of financial literacy. The youth of South Africa will be educated about personal finance as part of her long-term plan. We plan to hold lectures and workshops on financial literacy in schools. As she put it, our group’s mission is to “ensure that the next generation is well-versed in managing their finances and has the knowledge to prevent falling into debt in the first place.”
Shiburi said, “Our customers can have faith in our dedication to assisting them in achieving financial stability.” Our company always operates in a forthright and honest manner. Our goal is to serve as an inspiration by demonstrating the positive influence that a single person can make when motivated by a genuine desire to help others.
Consequently, Shiburi is not only revolutionising debt management and counselling through PS Debt Management but also working towards the objective of eliminating the vicious cycle of debt at its underlying cause, a lack of financial literacy. She is an example of how a single individual can change the world through their dedication, perseverance, and the wisdom gained from their own experiences.
About The Author:
Lunga Dlamini is a journalist specializing in African start-ups and entrepreneurship. Lunga’s fascination with innovative business models and emerging market trends guides his writing. He has an MBA and has been with Africa Nova since its inception.
