Fuefue S., 26, is married and is a mother expecting her first baby next month. She has 1 year of experience in the Canteen business. She sells to the students of their village primary school 3 days per week. She has no previous loans with SPBD. She expects her weekly net cash flow to be 280 Tala (~116 USD). SPBD loans are Fuefue’s only access to capital because she was never able to qualify for a loan with the traditional banks. Her husband is employed at a shipping company.
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.