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Fiji passes new law to boost small business funding through innovative methods like crowdfunding.
Fiji has passed the Access to Business Funding Act, a first for the Pacific region.
The Act, developed with the Asian Development Bank’s support, introduces innovative financing options like crowdfunding and peer-to-peer lending for small businesses.
It aims to protect investors while boosting MSME growth, contributing to Fiji's economic goals set in the National Development Plan 2025-2029 and Vision 2050.
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Fiji aprueba una nueva ley para impulsar la financiación de pequeñas empresas a través de métodos innovadores como el crowdfunding.