An initiative of the Solomon Islands Government through the Ministry of Commerce, Industry, Labour and Immigration (MCILI), supporting micro, small and medium enterprises to boost economic growth. MCILI has granted $10 Million to DBSI to deliver the MSME Credit Line Facility.
The Micro, Small, and Medium Enterprises (MSME) Credit Line facility is an initiative of the Solomon Islands Government through the Ministry of Commerce, Industry, Labour and Immigration (MCILI) Private Sector and SME Development Program, to enhance development of the MSME sector in Solomon Islands and boost economic growth.
MCILI granted $10 Million to the Development Bank of Solomon Islands (DBSI) to assist with the MSME Credit Line Facility.
The program focuses on providing financial support to existing and potential MSMEs, especially women and youth entrepreneurs' start-ups, with the intention of increasing production and generating more job opportunities to stimulate growth.
Speak to a DBSI lending team member →The facility assists MSMEs along the following lines, in line with the Bank's lending policy.
LOANS
To provide loans to MSMEs who wish to expand existing products, in line with the Bank's lending policy.
GUARANTEES
To provide loan guarantees to support existing and new entrepreneurs who are provided loans and wish to improve existing products, in line with the Bank's lending policy.
The key terms of the facility, including rate, term and loan size.
Competitive MSME rate under the credit line.
Maximum loan term.
Smallest facility available.
Largest facility available.
What you need to know before you apply for the MSME Credit Line.
Solomon Islands registered entrepreneurs who have existing or new businesses that need to be assisted during the Covid-19 pandemic.
To support MSME business entrepreneurs with funding to help sustain the economy of the country in these difficult times. The MSME Credit Line covers:
The following security applies to the facility:
Visit our main branch or the branch nearest to you and our team will help you start your application.
Visit our main branch or a branch nearest to you
Enquire about this product online
Download our Standard Forms
Our branch is located on the First Floor of the Anthony Saru Building. You can also contact us from this website.
Talk to DBSI about the MSME Credit Line and take the next step for your business.
