Niuvai is 39 years old, married and has four children. For the last three years, she has earned a living by running a taxi business. She is applying for a loan for WST $2,000 to repaint her vehicle and buy new tires. She plans to use her profits, which average about US $250 a week, to improve and expand her business. She joined SPBD in 2009 to gain access to our financial services because we work with people who are unable to borrow from commercial banks. This is her third loan from 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.