Nuumasaga V., 39, is married with four children. She has one year of experience in the vegetable garden business. She sells to the public and village people five days per week. She has one previous loan with SPBD. She expects her weekly net cash flow to be 200 Tala. SPBD loans are Nuumasaga’s only access to capital because she was never 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.