Tepa I., 48, is married with five children. She has many years of experience in the taro/banana business. She sells to friends, relatives and the village community during the peak season. She expects her weekly net cash flow to be 350 Tala (~140 USD). She has one previous loan with SPBD; these loans are Aiga’s only access to capital because she was never able to qualify for a loan through traditional banks. The loan will assist her in operating her 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.