Tauva A., 56, is widowed with one child. She has four years of experience selling general goods from her shop. She sells to the public and to villagers six days per week. She has three previous loans with SPBD. She expects her weekly net cash flow to be 600 Tala (about US$250). SPBD loans are Tauva’s only access to capital because she was never able to qualify for a loan with the traditional banks. She also has a farm run by an employee, and this helps augment her income from the shop.
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.