Ryanna A., 29, is married with two children. She has five years of experience in her taxi business. She provides service to the village people and the public six days per week and expects her weekly net cash flow to be 400 Tala (~166 USD). She has three previous loans with SPBD.
SPBD loans are Ryanna’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.