SPBD is a network of microfinance organizations working in Fiji, Samoa, Tonga and the Solomon Islands dedicated to eradicating poverty by empowering women in poor rural villages with the opportunity to start, grow and maintain sustainable, income generating micro-enterprises.

Our Impact

We have ambitious plans to reach over 40,000 loan clients and 60,000 savings clients over the next 3 years using a similar suite of products and services as in Samoa and Tonga. We believe that all 4 SPBD MFIs, excluding Vanuatu, our newest MFI, can be financially sustainable by 2018. We expect Vanuatu to be financially sustainable by 2020.

Samoa

Samoa Map
  1. 7,750 aspiring women micro-entrepreneurs served on Upolu and Savaii
  2. with over 72,500 loans disbursed since inception or US$42.5 million
  3. Over 19,000 saving depositors and 7,700 life insurance policies
  4. Financially sustainable since 2007
  5. Client mentoring and training by The Body Shop Australia
  6. 3 new products launched in 2013: SME loans, Overseas Worker Loans (OWL), and Spouse Life Insurance
  7. 100% of clients' children are in school after entering the SPBD program

Tonga

Tonga Map
  1. 4,500 women micro-entrepreneurs served on Tongatapu, Vava'u, Ha'apai and Eau'
  2. with over 32,000 loans disbursed since inception or US$24 million
  3. Over 8,800 savings depositors and 4,400 life insurance policies
  4. Financially sustainable since 2011
  5. Financial Literacy Program (FLP) training for clients
  6. 100% of clients' children are in school after entering the SPBD program

Fiji

Fiji Map
  1. 7,000 women loan clients currently served on Viti Levu and Vanua Levu
  2. and over 30,500 loans disbursed since inception or US$14.2 million
  3. Over 9,000 savings accounts and 7,000 life insurance policies
  4. Financial sustainability expected at the end of 2017
  5. CATD business course and WestPac Bank Financial Literacy training
  6. 100% of clients' children are in school after entering the SPBD program

Solomon Islands

Solomon Islands Map
  1. 4,400 women loan clients currently served in Honiara
  2. and over 14,000 loans disbursed since inception or US$6.9 million
  3. Over 7,300 savings accounts and 4,300 life insurance policies
  4. New Solar loan product launched in 2015
  5. Financial sustainability expected in 2018
  6. 100% of clients' children are in school after entering the SPBD program

Measurements of Success

SPBD is making a large impact such that members experience:

  • Higher income
  • Better housing conditions (electricity, running water, sanitation, upgraded roof and floor)
  • Enhanced education for children
  • Less vulnerability to personal and economic shocks due to our savings and insurance products
  • Enhanced self-esteem leading to a better standing in society and closer family relationships

Meet the Founder

Greg Casagrande

Greg Casagrande gave up a successful career at Ford to start his own microfinance network: SPBD. Read More

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