Pama M., 34, is married with 2 children. She has 3 years of experience in the Vegetable Garden business. She sells to the village people 4 days per week. She has no previous loans with SPBD. She expects her weekly net cash flow to be 400 Tala (~166 USD).
SPBD loans are Pama’s only access to capital because she was never able to qualify for a loan with the traditional banks. All the loan money will be used to start the business.
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.