Torise I. is 44 years old, and is married with 8 children. She has 3 years of experience in the field of fruits and vegetables farming. She sells to the people in her village and the general public for 4 days each week. She has no previous loans with SPBD. She expects her weekly net cash flow to be 200 Tala (~120 USD). SPBD loans are Torise’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.