South Pacific Business Development (SPBD) Founder and President Gregory F. Casagrande launched the SPBD network in the Pacific Island nation of Samoa in 2000. Following the success of the first microfinance institution (MFI), SPBD launched replications in Tonga (2009), Fiji (2010), Solomon Islands (2012) and Vanauatu (2017).
SPBD Singapore is the holding company of each of the operating SPBD MFI's and owns 100% of SPBD Samoa, SPBD Tonga, SPBD Fiji, SPBD Solomon Islands, and SPBD Vanuatu. It is responsible for launching more Greenfield microfinance operations in other Pacific Island countries such as in the Solomon Islands in the second half of 2012. SPBD Singapore is 100% owned by SPBD Delaware, the US based holding company. SPBD plans to expand the network to other countries in the Pacific and Southeast Asia region and eventually to Central America and the Caribbean. Regulatory environment permitting, all of SPBD’s microfinance institutions will be registered as Non-Bank Financial Institutions (NBFIs). The creation of a region-wide microfinance network would help more than 50,000 poor Pacific islanders find a meaningful path out of poverty and could directly impact another 300,000 immediate family members in the region by 2015.
The mission of the SPBD network is to improve the quality of life of families living in poverty by providing unsecured credit, training, and ongoing motivation and guidance to help them start, grow and maintain micro-businesses, build assets, as well as, finance home improvements and childhood education.
SPBD's sister organization is the MicroDreams Foundation, a non-profit investor that closely partners with SPBD to empower the poor to lift themselves out of poverty through meaningful economic opportunity.
Company Details
- Employees
- 55
- Founded
- -
- Address
- 60 Park Place,
- Phone
- +1 (973) 230-3678
- Industry
- Financial Services
- NAICS
-
Finance and InsuranceMonetary Authorities-Central Bank
- Website
- spbdmicrofinance.com
- Keywords
- Microfinance, South Pacific, Mobile Banking, Micro-Insurance, Savings, Micro-Loans, women, poverty, loans, banking, microdreams, dreams, entrepreneur, entrepreneurship, microentrepreneur.
- HQ
- Newark, NJ
Spbd Microfinance Network Questions
Spbd Microfinance Network's helpline number is +1 (973) 230-3678
Spbd Microfinance Network's website is spbdmicrofinance.com
Spbd Microfinance Network's LinkedIn profile is https://www.linkedin.com/company/spbd-microfinance-network
Spbd Microfinance Network has
55 employees.
View email and phone details for 55
employees at Spbd Microfinance Network.
Spbd Microfinance Network's industry is
Financial Services
Spbd Microfinance Network's top competitors are
Hope International,
Mfr,
Microfinance Alliance Africa Projects Foundation (Maap Foundation),
Village Capital,
The Microdreams Foundation,
Brac International,
Tony Blair Institute For Global Change,
Alterfin,
Value For Women Ltd.,
Inclusive Action For The City.
Spbd Microfinance Network's categories are Financial Services
Spbd Microfinance Network's founding year is 2000
