Lilieni T., 19, is married with one child. She has worked as a vegetable gardener for the last two years, and six days a week sells her produce to the public and the people of her village at the main market in town. She has taken out one previous loan from SPBD. She expects her weekly net cash flow to be about $291. SPBD loans are Lilieni’s only access to capital because she has never been able to qualify for a loan from a traditional bank. Part of the loan will be used to expand her house, or for repairs. Her husband helps her operate her business on Friday and Saturday and works at the local gas station from Monday to Thursday.
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.