Epenesa M., 54, is married and has six children. She has many years of experience in her shop business, which is open six days per week. She has five previous loans with SPBD. She expects her weekly net cash flow to be 1500 Tala (about $625 USD). SPBD loans are Epenesa's only access to capital because she cannot qualify for a loan with the traditional banks. Epenesa has a very good loan history, she always pays in advance, and she saves every week.
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.