Faatupu Pasi, 57, is married with 6 children. She has many years of experience in the shop business. She sells to the villagers 7 days per week. She has no previous loans with SPBD. She expects her weekly net cash flow to be 500 Tala (~208 USD). SPBD loans are Faatupu’s only access to capital because she was never able to qualify for a loan with the traditional banks. She is a mother of six children running a small shop.
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.