Investing in entrepreneurs in Fiji
Rotary and microfinance institution SPBD Fiji created a US$87,000 fund for investee selection, funding, training and ongoing support for micro-businesses and prospective new businesses in Fiji
There are many micro-businesses and prospective new businesses in Fiji but they often lack the capital that would allow them to start up or expand.
Relatively small amounts of funding, along with some business training and mentoring, would allow these businesses to flourish, and this would have a considerable impact on the people and economies in these communities.
Two Rotary Clubs in Auckland, along with the Rotary Club of Suva, identified an opportunity to provide microcredit facilities to entrepreneurs in several provinces in Fiji. They decided to work with Fijian microfinance institution, SPBD Fiji, to help manage the process.
With the support of a US$27,500 Global Grant from The Rotary Foundation, Rotary and SPBD created an US$87,000 fund for investee selection, funding, training and ongoing support.
Entrepreneurs in Fiji receive start up or expansion funds along with training and ongoing support
Support Rotary to change lives and improve communities through projects such as community economic development
