Tulai is forty-six years of age and is married with four children. She owns & operates a business venture, selling lavalavas (bottom-half wrap-around prints worn by both men and women). She has 2 years of experience in this business. Tulai needs a loan of WST 1,500 to purchase additional fabrics & materials. She plans to use the profit from her business (estimated to be 400 talas or US $167 per week) to expand the business.
In 2010, Tulai 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 Tulai's 2nd 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.