Lusila is 36 years old and married with 5 children. She owns & operates a business venture, planting & harvesting cocoa for sale. She has many years of experience in this business. Lusila needs a loan of WST 1,000 to purchase fertilizers such as manure. She plans to use the profit from her sales (estimated to be 350 talas per week) to continue improving her land.
In 2011, Lusila 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 Lusila'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.