Lina is twenty-six years of age and is married with three children.
Lina owns & operates a business venture, selling fabric handicrafts to tourists and local community members. She has one year of experience in this business. Lina needs a loan of WST $1,000 to purchase materials ,painting,craft board for elei printing. She plans to use the profit from her business (estimated to be 200 talas or US $83 per week) to improve/expand the business.
Lina 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 Lina's 1st 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.