Aigafou V., 36, is married with four children. She is just starting in the pancake business. She sells to the school and villagers, seven days per week. She has not had any previous loans with SPBD. She expects her weekly net cash flow to be 160 tala (~$50 US). SPBD loans are Aigafou’s only access to capital because she has never been able to qualify for a loan with the traditional banks.
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.