Siuuila F., 54, is married with six children. She has five years of experience in the Plantation business. She sells to the village people and the general public three days per week. She has had three previous loans with SPBD. She expects her weekly net cash flow to be 500 Tala. SPBD loans are Siuuila’s only access to capital because she was never able to qualify for a loan with the traditional banks. The loan will be used on the business and also to pay for children school fees.
South Pacific Business Development (SPBD) improves conditions for families living in poverty by providing accessible credit, training, and guidance to help them start, grow and maintain micro-businesses, build assets, finance home improvements, and afford to educate their children. 99% of SPBD’s loans go to women, who can borrow in groups to guarantee one another rather than put up collateral.