Muaau E., 35, is married with five children. She has many years of experience in the plantation business. She sells to the village people and the public one day per week. She has no previous loans with SPBD. She expects her weekly net cash flow to be 250 Tala (~ 80 USD). SPBD loans are Muaau’s only access to capital because she was never able to qualify for a loan with the traditional banks. Her husband does all the work while she helps him with other tasks. The loan will be used purchase sacks of fertilizer and gromozones for the plantation.
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.