Elisapeta N., 48, is married with six children. A very energetic mother working hard to support her family, she is supporting her husband, children and as well as her husband's parents. She has many years of experience in the Plantation/ Samoan Bread business. She sells to the general public/villages 3 days per week. She has 4 previous loans with SPBD. She expects her weekly net cash flow to be 650 Tala (~$270 USD). SPBD loans are Elisapeta’s only access to capital because she was never able to qualify for a loan with the traditional banks. Part of her loan will be used for her son's school fees.
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.