Mary is twenty seven years old and is married with one child.
Mary owns and operates a business venture, raising pigs for sale. She has many years of experience in this business. Mary needs a loan of WST 1,000 to purchase livestock feed and other supplies. She plans to use the profit from her business (estimated to be 400 talas or US $167 per week) to improve/expand the business.
In 2011, Mary 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 Mary's first 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.