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Community
Service Block Grant Program (CSBG)
The
Community Service Block Grant (CSBG) Program is
administered by DBAS through funding appropriation from
the Department of Commerce of the American Samoa
Government. The CSBG Program aims to reduce poverty in
American Samoa by lending funds to businesses in an
attempt to encourage investment in the private sector of
the community.
Maximum
Loan Amount: $40,000.00
Interest Rate: 9.00% to 11.00% per annum
Term:
Up to 15 years
Eligibility: Open to all local private businesses |