Pipiana P., 33, is married with one child. She has five years of experience in the Taro Plantation business. She sells to the public and village people two days per week. She has previous loans with SPBD. She expects her weekly net cash flow to be 90 Tala (~30 USD). SPBD loans are Pipiana’s only access to capital because she was never able to qualify for a loan with the traditional banks. The loan will be used to pay for her child's school fees and to buy timber, iron roofing and cement for the renovation of her house.
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.