Meanana S., 18, is married with no children. She has many years of experience in the shop business. She sells to the general public and villages 3 days per week. She has 1 previous loan with SPBD. She expects her weekly net cash flow to be 300 Tala (~125 USD). SPBD loans are Meanana’s only access to capital because she was never able to qualify for a loan with the traditional banks. All will be used for the business needs. 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.