DBAS issues notice announcing availability of funds for business loans
The Development Bank of American Samoa has publicly announced that funds are now available for business loans through the Economic Development Revolving Loan Fund (EDRLF) program.
The EDRLF is a federal loan program intended to expand and diversify the territory’s economy; provides financing opportunities for entrepreneurs and existing businesses to overcome limited access to investment capital; and ensures that the benefits of these growing industries benefit the local economy.
Interested individuals can obtain applications from the DBAS office in Pago Pago or by calling Shirley Fruean or Komesina Afalava of the commercial loan department at 633-4031 ext. 236 or 239.
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