Tagi L., 36, is married with 3 children. She has 3 years of experience selling clothing to the general public. Her business is open 7 days per week. She has had 2 previous loans with South Pacific Business Development (SPBD). She will use her loan to purchase poplins, paints, elei design boards, rollers, ie lavalava materials, and paint brushes. She expects her weekly net cash flow to be 1000 WST (~ $335 US). SPBD loans are Tagi’s only access to capital because she has never been able to qualify for a loan with the traditional banks.
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.