Tina is twenty-seven years of age and is married with three children.
Tina owns & operates a business venture, selling a variety of different products in the local community. She has many years of experience in this business. Tina needs a loan of WST $2,500 to purchase frozen goods or meat such as mutton, chicken, and sausages to sell. She plans to use the profit from her business (estimated to be 850 talas or US $354 per week) to improve/expand the business.
Tina 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 Tina's 5th 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.