Sarai is forty three years of age and is married with three children. She owns a business planting and harvesting taro for sale and has many years of experience in this business. Sarai needs a loan of WST $1,000 to purchase weed-killers such as Gramoxome. She plans to use the profit from her business (estimated to be 400 talas or US $167 per week) to improve and expand the business.
In 2011, Sarai 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 Sarai'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.