Pepe L., 44, is married with 6 children. She has 3 year(s) of experience in the barbeque foods business. She sells to the public and villagers 3 days per week. She has had 5 previous loan(s) with SPBD. She expects her weekly net cash flow to be 450 Tala (~187 USD). SPBD loans are Pepe’s only access to capital because she was never able to qualify for a loan with the traditional banks. She will also use the loan for home improvement by buying cement, timber and an iron roof. Her husband also works to help out with the family needs.
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.