Sina I. is 43 and married with 5 children. She owns a business venture, planting & harvesting taro for sale. Sina has one year of experience in this business. She needs a loan of 1700 talas to purchase fertilizers such as manure. She plans to use the earnings from her business (estimated to be 600 talas or US $235 per week) to improve/expand the business.
Sina joined SPBD. This is her 4th loan with SPBD. SPBD's loans are Sina'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.