Lusia is 48 years of age and is married with eight children.
Lusia owns and operates a business venture, planting and harvesting fruits and vegetables for sale. She has three years of experience in this business. Lusia needs a loan of WST $2,000 to purchase additional equipment such as a wheelbarrow and weed killing chemicals. She plans to use the profit from her business (estimated to be 200 talas or US $83 per week) to improve and expand the business.
Lusia 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 Lusia's third 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.