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SPBD SPBD

administrative and documentation costs. SPBD members who • Repayment commences two weeks after loan disburse-
avail themselves to this facility will not receive any demerits ment.
in their credit scoring for payments not made or meetings • Approval is subject to SPBD credit condition guidelines.
missed during the grace period.
The second facility is where the SPBD members are given SPBD needed to act swiftly as a measure to response to the
the option to apply for TC Yasa Rehabilitation Loan which can recent crisis. Therefore, this programme was implemented in
be used for house or business rehabilitation or a combination February. SPBD is using mainly its internal sources of funds.
of both. This can be back-filled by posting on the Kiva website for
SPBD will ensure that its members are not overwhelmed by crowd funding.
the number of loans they are paying. All outstanding loans On 19 February 2021, SPBD processed a total of 112 loans
relating to COVID-19, that is either restructured or through amounting to $401,050 for 20 Centres in the Northern Divi-
Business Recovery Loan will be consolidated with the TC Yasa sion. This includes 10 Centres in Savusavu and Rabi with a
Rehabilitation Loan. total of 59 loans application amounting to $217,400 and in
SPBD will apply the following guidelines: - Labasa assistance was provided in 10 Centres with 53 loan ap-
• The loan amount may vary from $1,000 to $2,500. plications amounting to $183,650.
• All outstanding loans related to COVID-19 will be con- We would like to thank Vision Investments Limited t/a
solidated with the TC Yasa Rehab Loan with the total Courts Fiji for encashing the funds for our SPBD members
amount rounded to the nearest multiple of $50. and making our business processes more seamless. We also
• There will be charges incurred to use this credit facil- extend our appreciation to Mr Elrico Munoz, General Manager
ity. SPBD Fiji for providing the leadership to the SPBD Family.
SPBD is providing opportunities for a better tomorrow.

YOUR BUSINESS HEALTH CHECK

There are many tools you can find online to check how
healthy your business is across a range of areas.
Here are a few questions you can ask yourself as you think
about your business and its future. Not all of them will be
relevant for you right now, but setting out a plan will help
you stay on track.

Planning
• What are your financial and non-financial targets?
• What is your plan for the next 12 months?
• Do you review your performance?
• What is your longer-term business plan?

Finances
• Are you keeping good records of your expenses and
income and keeping documents safely?
• Do you have a budget for business expenses and are you
keeping to it? • Are you teaching others how to help run the business?
• Are you looking for every opportunity to save on expenses?
For example, are you using what you have in your home Compliance
and garden? Are you packing your meals and drinks when • Are you up to date with all your reporting requirements?
you go to sell so you don’t spend your profits? • Are you looking for certification such as Fijian Made?
• Do you know how cashflow changes over the year, for • What do you need to get there?
example, what months you can expect bigger sales or
bigger business expenses? Marketing
• Have you identified your most important and promising
Emergencies customers?
• Do you have a plan for business or personal emergencies? • Can you promote your products online? On social media?

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