Siloma S., 38 years old, is married with six children. She has many years of experience in the taro and banana business. She sells to the villagers and other customers about two days per week. She has already had a number of other successful loan(s) with SPBD.
She expects her weekly net cash flow to be 400 Tala (approximately 166 USD). SPBD loans are Siloma's only access to capital because she was never able to qualify for a loan with traditional banks. Siloma's husband is fully engaged with the business and helps out where he can.
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.