News

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SPBD Relocates Labasa Office to Boost Accessibility and Visibility

South Pacific Business Development (SPBD), a key player in Fiji’s microfinance market, has moved its Labasa operation to a new location on the main road of Labasa Town. The relocation was a strategic decision for the organisation, aimed at increasing visibility and accessibility for clients and stakeholders, according to SPBD Fiji’s managing director Elrico Munoz. […]

Crowdfunding Success: $15M in Micro Loans Delivered Through Kiva and SPBD Partnership

Nearly 10,000 micro loans amounting over $15 million have been funded through a partnership between crowdfunding firm Kiva and the South Pacific Business Development (SPBD) Fiji. This was revealed by Kiva Microfunds’ Asia Pacific investment manager Mark McDonagh when he officially opened SPBD Fiji’s Labasa office yesterday. “Seven years into Kiva’s partnership with SPBD Fiji, […]

SPBD Fiji expands to tenth branch office in Nausori on the Island of Viti Levu

The South Pacific Business Development (SPBD) Fiji officially opened its 10th branch in Nausori in June 2024. The new brannch is its latest addition since it established operations in Fiji in 2010. The new branch will provide financial services and business development opportunities to women in the Tailevu region. “Nausori itself has a thriving presence […]

KlickEx and SPBD Extend Successful Partnership to Tonga

Empowering Money Transfers for Tongans Abroad KlickEx Pacific and SPBD Microfinance, following their successful 12-month partnership facilitating money transfers to Samoa, today announced an expansion of their services to Tonga. This exciting development will allow Tongans living in New Zealand and Australia to send money home easily and securely. Beginning on the 2nd of August […]

Three-day workshop for women entrepreneurs

In a stride towards their shared goal of uplifting woman entrepreneurs, South Pacific Business Development (SPBD) and the Ministry of Trade, Cooperatives, MSMEs and Communications organised a business training workshop in Taveuni. The Improve Your Business training workshop was attended by 16 women members of SPBD. The women attained Certificates of Completion after three days […]

SPBD businesswomen lauded at annual awards

The Vodafone Arena in Suva last week was full-packed with radiant businesswomen celebrating their efforts at the 12th annual South Pacific Business Development awards. SPBD Founder and Chief Executive Officer, Greg Casagrande, commended the women for their extraordinary determination and courage, stating: “Those qualities have helped each of you to endure and to pull through to […]

SPBD Solomon Islands celebrates the launch of its “White Goods Financing” product

South Pacific Business Development (SPBD) Microfinance Solomon Islands Ltd is proud to announce the official launch of its newest loan product, “White Goods Financing,” in collaboration with Discount Electricals and Home Leisure (DEHL), one of the largest white goods distributors in the Solomon Islands. The “White Goods Financing” product will allow SPBD clients to access […]

Microfinance institution reaches USD$250M goal

South Pacific Business Development (S.P.B.D.) Microfinance has disbursed USD$250 million in loans since its inception in 2000 which it says is evidence of its commitment to fostering economic development in the region. Founded with a vision to create meaningful economic opportunities and transform lives, the microfinance organisation has been instrumental in supporting more than 115,000 […]

FJD $548m in loans

The South Pacific Business Development (SPBD) has disbursed a total of $US250 million ($F548.9m) in loans since its inception in 2000. At a function held to mark this achievement yesterday, SPBD’s general manager Elrico Munoz said the more than 310,000 loans they had disbursed across five countries were worth $US250m, demonstrated the transformative power of […]

SPBD Impact Report

SPBD Microfinance was launched in 2000 from a very humble office in the Salefui section of Apia, Samoa. The goal was to empower poor, but hard-working women by helping them start and grow small, income-generating businesses so that they could work their own way up, and permanently, out of poverty to their benefit and to […]