Pauline is sixty-four years of age and is married with five children.
Pauline owns & operates a business venture selling fried foods in the local community. She has two years of experience in this business. Pauline needs a loan of WST $1,500 to purchase new equipment & tools to expand the business. She plans to use the profit from her business (estimated to be 600 talas or US $250 per week) to improve the general living conditions of her family.
Pauline 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 Pauline'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.