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You are here: Home / South Pacific Business Development Microfinance Network / SPBD Solomon Islands breaks through milestone of 1,000 loan clients

SPBD Solomon Islands breaks through milestone of 1,000 loan clients

MicroFinance Pasifika, November 2013

1,000 LOAN CLIENTS

SPBD Solomon Islands breaks through milestone of 1,000 loan clients

SPBD Solomon Islands is proud to have reached and now moved beyond the 1,000 mark for number of clients. As of 30 September, the number of loans disbursed since inception are 1,527 or US$574,250, with 1,157 loans outstanding or a loan portfolio of US$289,889. The number of savings accounts continues to increase to 1,434 with total savings of US$123,300. PAR>30 remains 0.0%. SPBD continues to look for funding to grow beyond Honiara in 2014 and into Malaita and Western Province.

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