Micro, Small, Medium Enterprises Development Division
(MSMEDD)
The MSME Development Division at Samoa Business Hub plays a crucial role in supporting MSMEs. Their
work encompasses a range of services including, business planning, mentoring, and business advisory to
help entrepreneurs navigate the complexities of running a business. Additionally, the division facilitates
access to finance through Memorandums of Understanding (MoUs) with financial institution such as
Samoa Commercial Bank, Bank of the South Pacific, National Bank of Samoa, ANZ Bank and
Development Bank of Samoa. They manage the Business Loan Guarantee Scheme(BLGS), offering 100%
guarantee for loans up to 20,000 and partial guarantee for loans up to 100,00. MSMEDD also focuses on
monitoring, evaluation, accountability and learning to ensure continuous improvement and
effectiveness in their support services.
Business Loan Guarantee Scheme (100%)
It is one of the aims of the organization that clients that have graduated out of the GBSC will enter this Scheme should there be a need by their respective businesses. The loans will be processed by the Financial Institutions (Samoa Commercial Bank, Bank South Pacific, National Bank of Samoa, ANZ Bank and the Development Bank of Samoa) whilst SBH guarantees hundred percent.
In terms of collateral, clients will have the option to submit two (2) personal guarantors, CM over an asset or debt insurance.
The pre-requisite for both tier financing will be the Financial Literacy training conducted by SBH. Other services that are available under these two tier financing will be advisory which focuses on strategizing for the success and growth of a business and cohort participation to ensure that they receive assistance on a professional and timely manner.