Ato A., 31, is married and has three children. She has one year of experience in planting, harvesting, and selling bananas and taro. She sells to the Fugalei market and to the general public three days a week. This is her first loan with SPBD. She expects her weekly net cash flow to be 250 Tala (about $104 USD). SPBD loans are Ato’s only access to capital because she cannot qualify for a loan with traditional banks. She wants to improve her business so that she can raise her family's standard of living.
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.