Luafulu T., 49, is married with 6 children. She has many years of experience in the taro and banana business. She sells to relatives and to the village community 5 days a week. She has had 2 previous loans with SPBD. She expects her weekly net cash flow to be 300 Tala (~125 USD). SPBD loans are Luafulu's only access to capital because she does not qualify for a loan with the traditional banks. Laufulu would like a loan to purchase fertilizer, a spade, bushknifes, a sharpener, a weedkiller sprayer machine, a wheel barrow, taro tubers, bananas and barbed fence. This loan will help her support her kids at school and keep her church commitments. She is fully committed to her business because this is the main source of income for her family.
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.