
Types of Inclusive Development Facility
NOTE: The facilities in this section includes Education, Health and Community Sector
Eligible Borrowers
INCLUSIVE DEVELOPMENT CREDIT FACILITY
- Samoan Citizen with confirmed Employment in the last 12 month with salaries that go to a banka account
- Normal DBS screening for credit assesment applies
INCLUSIVE DEVELOPMENT FOR WOMEN AND YOUTH
- Unemployed women and youth (Primary)
- Church/Aiga Groups (Secondary)
- The group members must reside permanently in the same village
- Should be at least 17 to 64 Years Old
- Normal DBS screening for credit assesment applies
Loan Features
INCLUSIVE DEVELOPMENT CREDIT FACILITY
- Term: Maximum 5 Years
- Approval Limit: $20,000
- Interest: 12% Compound
- FEES: Normal Bank Fees charged (See Charge and Rates page for more info)
- Security: Group guarantee mechanism: Each Member is jointly responsible as guarantor for the others loan amount, Insurance Policy of each member held by Bank
INCLUSIVE DEVELOPMENT FOR WOMEN AND YOUTH
- Loan Amount: TIER 1 at $2,500 per member | TIER 2 at $5,000 per member | TIER 3 at 7,500 per member
- Interest: 8% Compound
- FEES: Normal Bank Fees charged (See Charge and Rates page for more info)
- Security: Group guarantee mechanism: Each Member is jointly responsible as guarantor for the others loan amount, Insurance Policy of each member held by Bank
We are always ready to help you get started on your application so please do visit one of our nearest branch and speak to any of our Loan Officers that will assist you with your application
Our branches are located in:
- Upolu Main Beach Rd Building 12 or contact us at +685 22861
- Savaii Salelologa Market 2nd Floor or contact us at +685 51350
For further information, please contact the DBS Lending Team via email;
Aiufi Kelekolio | Manager Loans Administration | Email – aiufik@dbsamoa.ws
Goretti Godinet-Fau | Manager Loans Management | Email – gorettif@dbsamoa.ws
Migao Tiotio | Manager Savaii Branch | Email – migaot@dbsamoa.ws