SPBD Fiji clients have saved about $ and have taken out $ million as loans to start or expand a small business. It is also pleasing to note that SPBD has maintained an excellent repayment rate of no less than 97 percent. This is a tremendous outcome and it speaks volumes for the Company’s policies and procedures and relationships with the lady clients.
Ladies and Gentlemen, today, we shall also witness a showcase of how entrepreneurship development through microfinance has changed the lives of women. I congratulate the finalists of the SPBD Businesswoman of the Year Awards, for serving as living inspiration to all the ladies here.