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SPBD gave out $12m to Fiji last year

February 19, 2018 7:26 pm

The South Pacific Business Development dispersed around $12 million in unsecured loans to women across the country last year.

SPBD Founder and President, Gregory Casagrande says this was distributed to more than nine thousand women to assist with the start-up of their own small businesses.

“We are beginning to reach every corner of Fiji and we will continue to expand that way in years to come. We measure our success by the success of our women sand our women are succeeding with our micro businesses allowing them to increase their income, allowing increasing their consumption, allowing them to increase their savings so that they have a more financial security and they can invest in their housing and they can invest very importantly in their children’s education.”

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Casagrande says they also have plans for women who have best utilized their loans and wish to take their business to the next level.

SPBD has provided more than 34,250 loans worth around $33million since 2010 in Fiji with the aim to improve the lives of people through micro finance.

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