Ana P., 46, is single with two children. She has two years of experience in the sewing business. She sells to the people of the village and the neighbourhood, three days per week. She has had one previous loan with SPBD. She expects her weekly net cash flow to be 180 tala (~$60 US). SPBD loans are Ana’s only access to capital because she has never been able to qualify for loans 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.