Savali S. is 36 and married with five children. She owns a business selling BBQ (sausages, chicken, and plantains). Savali has three years of experience in this business. Savali needs a loan of 1,500 talas to buy BBQ meat, ketchup, plastic plates & utensils, and coal. She plans to use the earnings from her business (estimated to be 500 talas or US $195 per week) to improve/expand the business.
In 2008, Savali joined SPBD. This is her fourth loan with SPBD. SPBD's loans are Savali's only access to capital because she was never able to qualify for a loan with 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.