Aniva F., 52, is married and has three children. She has many years experience in the plantation business. She sells to the villagers and public people two days per week. Aniva has had two previous loans with SPBD, and these have been her only access to capital because she has never been able to qualify for a loan from traditional banks. She plans to use this loan to buy pesticides, fertilizers, chemicals, and bush knives for her plantation business. The remainder of the loan will be used for buying timbers, cements, bricks and nails for home improvement.
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.