Sisigafua V., 58, is married and has eight children. She has two years of experience in the taro plantation and segetable business. She sells to the village people three days a week. She has no previous loans with SPBD. She expects her weekly net cash flow to be 200 Tala (about $140 USD). SPBD loans are Sisigafua’s only access to capital because she is not able to qualify for a loan with 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.