Rupi owns and operates a business venture selling food products in the local community. She is 40 years of age and married with four children. Rupi has four years of experience in this business.
Rupi needs a loan of 2700 tala to purchase additional products to sell such as snacks, candies, tinned food and freezer [foods]. She plans to use the profit from her business (estimated to be 500 tala or US $208 per week) to improve the general living conditions of her family.
In 2008, Rupi joined SPBD to gain access to financial services. Most of SPBD's clients are unable to borrow from commercial banks because they lack collateral. This is Rupi's fourth 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.