Thelma R. already has a plantation but she needs money to buy equipment to run it and to improve it. She is 47 years old and married with five children. She has had three years of experience in the plantation business. She sells to the village people and the public, three 3 days per week. She has not had any previous loans with SPBD. She expects her weekly net cash flow to be 150 Tala (~$56 US). SPBD loans are Thelma’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.