Metala is 20 years of age and married. She owns and operates a business venture, planting and harvesting taro to sell. She has 2 years of experience in this business. Metala needs a loan of WST $1500 to purchase weed-killers such as Gramoxome. She plans to use her profits (estimated to be 350 talas or US $146 per week) to improve and expand the business.
In 2011, Metala 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 Metala'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.