Rosalia T., 43, is married with 7 children. She has 5 years of experience in the fish business. She sells to the village and general public 4 days per week. She has 3 previous loans with SPBD. She expects her weekly net cash flow to be 500 Tala (~208 USD). SPBD loans are Rosalia's only access to capital because she was never able to qualify for a loan with the traditional banks. Her earnings will be use to improve business and help out with the family Her husband is a fisherman and does fishing duties.
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.