Emmy is 44 years old, married and has three children. Emmy is starting a business venture involving planting & harvesting a variety of vegetables for sale. Emmy needs a loan of WST 1000 to purchase general farm supplies & equipment such as wheel-barrow, knives, axe and spade. She plans to use the profit from her business (estimated to be 260 talas or US $108 per week) to improve her business.
Emmy joined SPBD in order to gain access to financial services. Most of SPBD's clients are unable to borrow from commercial banks because they lack collateral. This is Emmy's first loan with SPBD.
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.