Government of Samoa COVID-19 Facility
Purpose of this facility is to assist farmers and fishers implement new and extend existing projects to support family consumption as income generating activities. This is part of the Government plan in preparation for Samoa’s food security during times of calamity (Conditions Apply)
- LOAN AMOUNT: $1000 to maximum of $20,000
- TERM: 1 to 3 Years
- Security: Personal Gurantee subject to requirements under Lending Manual
- INTEREST RATE: 4% per annum
- FEES: Please refer to Rates and Charges Page for more info
- Disbursements: In Accordance to application of funds to Project
5M Government Business Revival Support (NEW)
The purpose of this Government facility is to provide financing assistance to businesses that have been affected by the impacts of Covid19. The overall objective is to strengthen and to revive businesses that have been operating pre-Covid19 and continue to today. The Government through the Development Bank of Samoa (DBS) is launching a call for application/proposal which is open to businesses that meet the eligibility criteria.
- LOAN AMOUNT: SAT100,000 to 50 Business Successfully Selected
- TERM: 30 years inclusive of 3 years grace period
- GRACE PERIOD: Grace period on repayment of 3 years
- INTEREST RATE: 3%
- FEES: Please refer to Rates and Charges Page for more info
