Pupu is 56 years old, married, and has four children. She owns & operates a business providing men's tailoring services to local community members. She has 7 years of experience, and needs a loan of WST $2000 to purchase additional fabric & materials. She plans to use the profit from her business (estimated to be 500 talas or US $208 per week) to improve and expand the business.
Pupu joined SPBD to gain access to financial services. Most of SPBD's clients are unable to borrow from commercial banks, because they lack collateral. This is Pupu's 3rd loan with SPBD.
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.