Mativa is fifty-six years of age and married with four children.
Mativa works in her business, planting and harvesting cocoa for sale. She has many years of experience in this business. Mativa needs a loan of WST $2,700 to purchase general farm supplies and equipment. She plans to use the profit from her business (estimated to be 350 talas or US $146 per week) to improve and expand the business.
In 2009, Mativa 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 Mativa's fourth 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.