Sii E., 60, is married with 12 children. She has 1 year of experience in the Pancakes business. She sells to the village people and public 5 days per week. This loan is Sii's first with SPBD. She expects her weekly net cash flow to be 300 Tala (~125 USD). SPBD loans are Sii’s only access to capital because she was never able to qualify for a loan with the traditional banks. The loan received through SPBD will be use to further expand the 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.