News

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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 […]

PRESS RELEASE: SPBD Vanuatu’s new branch in North Efate

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 […]

PRESS RELEASE: SPBD Microfinance Surpasses US$200M in Loans to Low-Income Women Entrepreneurs

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 […]

Cyclone Ravages Fiji

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, SPBD Business Woman of the Year

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 […]

Summer intern 2015 – Casey Moran

Spending the summer at MicroDreams / SPBD was an unbeatable experience that will stay with me for years to come. As someone looking to enter the business / finance world, I was able to immerse myself in every aspect of their operations. Not only was I able to dig into the financial statements and help […]

RC Manubhai Partners With SPBD to Assist Women

RC MANUBHAI and South Pacific Business Development (SPBD) have signed an agreement to help women with small businesses upgrade their homes. The signing took place at the RC Manubhai retail office in Raiwaqa yesterday. The joint venture will allow women who are members of SPBD to purchase items from RC Manubhai through the loan scheme […]