Filiga is a long-running and successful member of the SPBD Program in her small village. She is married and has six children. She runs a business selling cooked food in front of her house every Saturday. Filiga bakes yams, taro, and bananas on hot stones and sells five pieces wrapped in foil for ST 5 (about USD 2) to local villagers. Each Saturday, she is able to bring in revenues of about ST 100 – 200 (about USD 40 – 80). She is confident in the demand for her product, and she would use an additional loan to buy ingredients and food packaging.
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.