Maletina I., 58, is married with 10 children. She has many years of experience in the pancake business. She sells to villagers and general public 7 days per week. She has had 4 previous loans with SPBD. She expects her weekly net cash flow to be 500 Tala (approximately 208 USD). SPBD loans are Maletina's only access to capital because she was never able to qualify for a loan with the traditional banks. Part of her loan will be used for renovating her house, to purchase timber, sacks of cement, and iron roofing. Her pancake business is very famous around her area due to her secret recipes.
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.