Lamosa M., 40, is married with five children. She has many years of experience in the Handicrafts business. She sells to the general public and tourists two days per week. She has had four previous loans with SPBD. She expects her weekly net cash flow to be 500 Tala. SPBD loans are Lamosa’s only access to capital because she was never able to qualify for a loan with the traditional banks. Lamosa's loan will be spent on her children's school fees and home improvement.
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.