Lotonoa T., 67, is married with 6 children. She has many years of experience in running a small-goods store. She sells to the villagers and public 5 days a week. She has 3 previous loans with SPBD. She expects her weekly net cash flow to be 400 Tala (~166 USD). SPBD loans are Lotonoa’s only access to capital because she was never able to qualify for a loan with the traditional banks. Lotonoa's loan will be used to buy more goods for the store and also to purchase timber, roofing material, paints and cement to renovate her home.
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.