Special Projects
DBAS provides financing for special development projects that support the community and economy of American Samoa. These programs target specific community needs — from agricultural markets to cultural initiatives and larger commercial ventures.
Loan Programs
| Program | Max Loan Amount | Interest Rate | Max Term |
|---|---|---|---|
| Let's Go Fagota | $3,000 | 5% Fixed | 2 Years |
| Grow Your Farmers Market | $3,000 | 5% Fixed | 2 Years |
| Special Projects Commercial | $100,000 | 9% Fixed | Minimum 2 Years |
Let's Go Fagota
Small financing for local fishermen and fisherwomen. Applicants must provide two notarized letters of witnesses confirming they are a fisherman or fisherwoman.
Grow Your Farmers Market
Financing designed to help farmers market vendors and agricultural producers expand their operations, purchase equipment, or improve their market presence.
Special Projects Commercial
Larger-scale financing for unique commercial projects that demonstrate significant community economic benefit. Projects are evaluated on a case-by-case basis.
Requirements — Fagota & Farmers Market Programs
- Two notarized letters of witnesses confirming the applicant is a fisherman/woman (Fagota) or a farmer with a farm (Farmers Market)
- All sources of income
- US Citizen, National or Permanent Resident
- 2 recent monthly bank statements
- Two valid forms of identification & SSN card
- Last 2 years of tax returns if self-employed
- 3 most recent pay stubs
- Must have a valid business license
- $50 non refundable application fee
Checklists & Applications
Download the checklist and application for the program you are applying for. DBAS will NOT accept incomplete applications.