Penina is a 37 year old mother of seven children. This is her 7th loan from SPBD since she joined SPBD in 2005. She runs a vegetable garden as well as a peanuts plantation. Penina applied for this loan in order to buy supplies for her businesses and for renovating her house. She sells her crops only on Friday, and she can earn a profit of 260 Tala ($104 USD), which is helpful for family expense like church donation, groceries, and bills. Her husband drives a taxi and earns a profit of 380 Tala ($152 USD) a week.
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.