Fiataua L., 45, is married with six children. She has many years of experience in the plantation and livestock business. She sells her wares in the village three days each week. She has received two previous loans with SPBD. She expects her weekly net cash flow to be around 400 Tala (160 USD). SPBD loans are Fiataua’s only access to capital because she was never able to qualify for a loan with the traditional banks. She plans to use her loan to purchase supplies to help her run her plantation business.
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.