Pikoke T., 52, is married with eight children. She has five years of experience in the plantattion business. She sells to village people three days per week. She has six previous loans with SPBD. Pikoke expects her weekly net cash flow to be 500 Tala (~208 USD). SPBD loans are Pikoke’s only access to capital because she is no able to qualify for a loan from 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.