Sootino F., 33, is single with no children. She has many years of experience in the grocery business. She sells to the village community district 6 days per week. She has had 3 previous loans with SPBD. She expects her weekly net cash flow to be $187 USD. SPBD loans are Sootino’s only access to capital because she was never able to qualify for a loan with the traditional banks. Part of the profits will be used to pay children's education fees. Sootino is a single woman but she contributes to the needs of all the children in her extended 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.