Sina S. S., 48, is married with 6 children. She has many years of experience in the ice cake business. She sells to the general public 7 days per week. Sina has no previous loans with SPBD. She expects her weekly net cash flow to be 300 Tala (~125 USD). SPBD loans are Sina’s only access to capital because she is not 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.