She has has three previous loans from SPBD. She expects her weekly net cash flow to be 500 Tala (~208 USD). SPBD loans are Loine’s only access to capital because she has never been able to qualify for a loan from the traditional banks. All of her loan will be used to maintain the good standards of her business.
About SPBDSouth 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.
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Success!! The loan was 100% repaid