Talaleomalie F., 35, is married with 2 children. She has 4 years of experience in the plantation business. She sells to the village people and public 4 days per week. She has no previous loans with SPBD. She expects her weekly net cash flow to be 800 Tala (~333 USD). SPBD loans are Talaleomalie’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 to renovate her house. Her husband does all the farming.
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.