Tima expects her weekly net cash flow to be 250 Tala (about US$ 104). SPBD loans are Tima’s only access to capital because she was never able to qualify for a loan with the traditional banks. She used to support her kids at school by paying for their school expenses for second term and also for home improvement. Her husband helped her in running their business and that is by planning everything for the betterment of their project.
About SPBDSouth 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.
139View loans »