Galu is twenty-nine years of age and is married with three children.
Galu is starting a business venture selling ice cream in the local community. Galu needs a loan of WST 1000 to purchase a new refrigerator and ice cream. She plans to use the profit from her business (estimated to be 300 talas or US $125 per week) to improve/expand the business.
Galu 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 Galu's second 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.