Solialii’s runs a stand at the flea market in the Samoan village of Fugalei. Solialii sells her goods to local customers and tourists alike, and most of what Solialii stocks is handmade by her and her husband using Samoan materials, especially coconut shells. Solialii has a long history with SPBD. She is very active and reliable participant in her local SPBD Center’s activities and is currently seeking her fourth loan, having paid back the previous three in full and on time. Solialii would use this fourth loan to further expand her product line and differentiate her flea market stall from local competitors.
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.