Fiapapalagi F., 24, is single with no children. She has 4 years of experience in the plantation business. She sells to the general public 3 days per week. She has had 1 previous loan with SPBD. She expects her weekly net cash flow to be 600 Tala (about $250 USD). SPBD loans are Fiapapalagi’s only access to capital because she does not qualify for a loan with the traditional banks. She will use her loan to purchase chemicals, bush knives and seedlings for the plantation.
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.