Tului E., 27, is married and has four children. She has many years experience in the plantation business. She sells to the villagers and public people two days per week. Her husband is a very good carpenter, and his work supports the family and her business as well. This is Tului's first loan with SPBD, which is her only access to capital because she has never been able to qualify for a loan from traditional banks. She plans to purchase fertilizer, vegetable seeds, chemicals, and plastic bags for selling her plantation items.
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.