Likilini is a 58-year-old widowed mother of five children. She owns and operates a small business, selling daily-use products such as shampoo, soap, and toothpaste in the local community. She has two years of experience in this business. Likilini needs a loan of 1,500 Samoan talas to purchase new items to expand her product offerings. She plans to use the profit from her sales (estimated to be 350 talas per week) to make improvements to her house.
In 2011, Likilini 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 Likilini's second 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.