SOUTH PACIFIC BUSINESS DEVELOPMENT

SPBD to Launch Overseas Seasonal Workers Loan in July

SPBD Samoa is anticipating the launch of a couple of new products in 2013, one of which being an overseas seasonal workers loan. A successful pilot program was completed in March 2013 and a full-scale launch will commence in July. Both Australia and New Zealand experience consistent annual growth in the demand for seasonal workers as employers find themselves short-staffed during the high season. These loans can assist workers in covering their expenses until they receive their first paycheck. These expenses include obtaining a visa, airfare, and other daily living expenses such as food and transportation.

To find out more about South Pacific Business Development, visit http://www.spbdmicrofinance.com/