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Microfinance Pasifika Member Profile

 

Institution Contact Details

Name of Institution

South Pacific Business Development Foundation

Postal Address

Pacific Buildings, Salaeufi, Apia

Country

Samoa

Telephone

(685) 20189

Fax

(685) 26-208

Email

rico@spbd.ws

Website Address

spbd.ws

Skype

N/A

Contact Person

Elrico V. Munoz

Position

General Manager


General Institutional Information

Current Legal Status of the Institution

Charitable Institution

 

Objectives

To provide access to financial services and training to disadvantaged groups in Samoa

Brief History

 

SPBD was established in 2000 as a Grameen replication by its founder, Mr. Gregory Casagrande.

 

Ownership

 

SPBD is governed by a Board of Trustees. The Board of Trustees are responsible for the management of the Foundation's assets and to ensure that the aims of the organisation are realised. Since April 2004, SPBD is honored to receive advice and guidance from the 7-member Samoan Advisory Board. Its roles are to guide, advise and promote SPBD's mission of fighting poverty. It is currently chaired by Nigel Burr, a respected retired banker.

 

Operations related to
microfinance
and financial inclusion

  • Unsecured Loans
  • Training
  • Savings

 

Main Funding Sources

Commercial Loans

 

Main Challenges

Scaling up to reach out to other Pacific areas

 

Other Networks

  • Grameen Network
  • Planet Finance