Mrs. K. is a fifty eight year old woman married with four children and she has been getting loans from SPBD from the past three years; this will be her fifth loan. Most of her past loans were used for improvement of her business by buying chemicals to kill weeds and and purchase fertilizers for the growth of her crops. She is also looking to purchase a toilet set to improve the health condition of her family. She hopes that her next loan will used to repair their house even further. She is happy with both her businesses (plantation and pancake sales) as it is a great help to her many family and church commitments and contributions. She plans to remain in the SPBD program for a long time in order to obtain more loans for her business and her family.
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.