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One of the region's most successful microfinance organisations is set to open its doors in Fiji next week.
The South Pacific Business Development Foundation began in Samoa ten years ago.
Having lent almost $US13 million to 12,000 families it is spreading its wings.
It opened an office in Tonga last year and a new Fiji operation will be launched on 15 September.
SPBD founder Greg Casagrande said the organisation is expanding rapidly.
“We will get to six or seven thousand clients in Tonga in short order, whereas Fiji we could easily reach 20,000 clients in the next few years.”
Casagrande said the South Pacific Business Development Foundation has been able to make a significant difference to the lives of poor Pacific Islanders.
Source: Pacnews
