South Pacific Business Development
SPBD Microfinance
South Pacific Business Development
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 […]
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 […]
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 $US250m, demonstrated the transformative power of […]
SPBD Microfinance was launched in 2000 from a very humble office in the Salefui section of Apia, Samoa. The goal was to empower poor, but hard-working women by helping them start and grow small, income-generating businesses so that they could work their own way up, and permanently, out of poverty to their benefit and to […]
Port Vila, 8 October 2021 – Today SPBD Microfinance Vanuatu opened a new branch in Emua, North Efate to bring its products and services to more women who seek to launch or grow income-generating businesses to improve the standard of living for themselves and their families. SPBD invests in women and offers many products and […]
Apia, Samoa, August 20, 2021 – The SPBD Microfinance Network, headquartered in Newark, NJ, achieved another impressive milestone today, surpassing US$ 200 million in “micro loans” disbursed to tens of thousands of hardworking women entrepreneurs since its founding in 2000. New Jersey native and SPBD Founder and President Greg Casagrande reflects, “Since our inception in […]
APIA, SAMOA (13 March 2019) – The SPBD Microfinance Network, the largest microfinance provider in the South Pacific, is delighted to announce that Luapene Lefau has been promoted to General Manager of South Pacific Business Development (SPBD) Microfinance Ltd in Samoa – she is the first, Samoan-born national appointed to the top post. Luapene brings […]
NUKU’ALOFA, KINGDOM OF TONGA (12 March 2019) – The SPBD Microfinance Network, the largest microfinance provider in the South Pacific, is delighted to announce that Fine Tu’ipulotu has been promoted to General Manager of South Pacific Business Development (SPBD) Microfinance Ltd in the Kingdom of Tonga – she is the first, Tongan-born national appointed to […]
On Saturday, February 20th, tragedy struck Fiji as Tropical Cyclone/Hurricane Winston, the most powerful cyclone to hit the Southern Hemisphere, devastated the country. This storm ripped through Fiji causing at least 42 deaths, flattening villages and leaving debris in place of homes, and destroying crops and livelihoods in just hours. An estimated 35,000 people remain […]
Handicraft entrepreneur and mother of six, Susitina Tesi (45) won the SPBD Business Woman of the Year Award this morning, Friday 18 September, for improving her family handicraft-making business, using the South Pacific Business Development Microfinance program. Susitina from Ma’ufanga said she joined the program and took out small loans to help expand her family’s […]