Masele T., 51, is married with seven children. She has 6 months of experience farming vegetables. Masele and her husband grow cabbages, cucumbers, and tomatoes, which they sell to people in the village three days a week. Masele is a new member of SPBD. She expects her weekly net cash flow to be 70 Tala (~$25USD). SPBD loans are Masele’s only access to capital because she was unable to qualify for a loan with the traditional banks. She would like a loan of $275 to improve her business.
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.