Ihana A., 51, is married and has five children. She has many years of experience growing vegetables. She sells fruits and vegetables four days per week. She has two previous loans with SPBD. She expects her weekly net cash flow to be 440 Tala (about $183 USD). SPBD loans are Ihana's only access to capital because she cannot qualify for a loan with traditional banks. She will use part of her loan to pay her son's school fees. Ihana has been selling pancakes for the past two years, but due to the cost of living in Samoa, she realized that her pancake business was not making much, so she is now concentrating on her vegetable garden.
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.