News

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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 […]

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 […]