Savali T. is 40 and married with 2 children. She owns a business venture selling a variety of different products in the local community. Savali has 4 years of experience in this business. Savali needs a loan of WST $2500 to purchase additional products to sell. She plans to use the earnings from her business (estimated to be 700 talas or US $292 per week) to improve/expand the business.
In 2007, Savali joined SPBD. This is her 4th loan with SPBD. SPBD's loans are Savali's only access to capital because she was never 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.