NATION | NEWS

FDB Celebrates Milestone, $2.5M Loan Support To Women

The Fiji Development Bank (FDB) is thrilled to an­nounce a momentous mile­stone in our mission to provide finance for women entrepreneurs.
11 Nov 2023 17:12
FDB Celebrates Milestone, $2.5M Loan Support To Women
Fiji Development Bank chief executive officer, Saud Minam, with the MSME team.

The Fiji Development Bank (FDB) is thrilled to an­nounce a momentous mile­stone in our mission to provide finance for women entrepreneurs. To date, FDB has approved 1000 loans in the past 14 months dedi­cated to supporting their business ventures valuing around $2.5 mil­lion.

This achievement not only signi­fies our unwavering commitment to Gender Equality and Social In­clusion Policy (GESI) but also re­flects the diverse and widespread support we have received from various regions across the nation.

 

We firmly believe in the trans­formative power of women in business and their contribution to­wards society.

To provide a deeper insight into this milestone, we are delighted to share the applications received from all over Fiji includ­ing Batiki, Cikobia, Gau, Kadavu, Koro, Lakeba, Moala, Moce, Mo­turiki, Ovalau, Rotuma and Vanua­balavu.

 

The FDB’s use of digital outreach has been pivotal in breaking down geographical barriers, providing equal access to financial opportu­nities, and facilitating financial literacy programs.

This approach has made banking services more accessible, ensuring that individu­als, especially those from the out­er islands, have the information needed to make informed financial decisions.

 

FDB chief executive officer Saud Minam said; “The bank’s commit­ment to supporting women entre­preneurs throughout the nation is clear, transcending geographical boundaries.

The FDB’s focus on sustainability in serving custom­ers, while remaining adaptable to environmental changes, show­cases a forward-thinking approach in their efforts to support women entrepreneurs and the wider busi­ness community”.

“FDB emphasises on the broad reach and impact of our efforts to support women entrepreneurs throughout our nation. Our com­mitment to empowering women in business knows no geographical boundaries,” said Mr. Minam.

The bank is always working to­wards its goal, to remain sustaina­ble in serving our customers while adapting to the changes in our en­vironment, he said.

 

Feedback: inoke.rabonu@fijisun.com.fj



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