Ula has 3 years experience selling handicrafts and vegetables. She was motivated to start by her friend, who is in the same line of business and is very successful. With the help of a close friend who lent her money, Ula was able to start up her business. She sells her goods by visiting the homes of family, friends and acquaintances. Like her, the clients she sells to often lack cash flow and must pay for the products in installments. Part of Ula’s work is to collect the weekly and biweekly payments owed to her by clients. She feels that her work is getting tougher, but she’ll never give up for she believes her business has a future for her family.
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.