Our Lending Products

The aim of the Fund’s Investment Strategy is to identify and select investment opportunities that will maximise returns while growing members’ funds to provide for their adequate retirement. Presently, it manages the following main areas of our diversified investment portfolio:

Lending
Property Development
Equity, Bonds & Term Deposits
Offshore Investments

The majority of our portfolio is invested in Samoa thus contributing to economic development in the country. As part of our local investments, we operate as a non bank financial institutional offering the following lending products at competitive terms and conditions:

Small Loans

Members can borrow up to 50% of their contribution balance without any security as this loan is secured against their contributions.

Short Term Loans

This new line of credit allows members to borrow up to 15% of their total contribution but to a maximum amount of $10,000 based on their contribution balance and ability to service the loan. Members with contribution balances exceeding $100,000 can apply up to a maximum of $15,000 only.

Vehicle Loans

Members can apply to borrow a minimum of $10,000 to a maximum of $50,000 to facilitate the purchase of a vehicle

Land Loans

Members can apply for a loan (any sum) at a minimum of $30,000 for the purpose of funding the purchase of land.

Housing Loans

Members can borrow a sum at a minimum of $50,000 for the purpose of constructing a house or funding the purchase of a house for family use. The scheme can also allow for exceptional circumstances requiring the refinance of home loans from other financial institutions. Terms and conditions apply.

Commercial Loans

Businesses in the private sector may apply for a loan at a minimum amount of $50,000 but up to 60% of the total project cost. Terms and conditions apply.

Community Loans

This scheme is tailored to funding of Community Projects but is subject to security and funding requirements. Terms and conditions apply.

SAMOA NATIONAL PROVIDENT FUND

Our Lending Products

MAIN OFFICE

(+685) 64800

info@npf.ws

SNPF Building,
4th Floor ,
Apia

SAVAI'I OFFICE

(+685) 51321

info@npf.ws

SNPF Building,
Ground Floor ,
Salelologa

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