Saili T. is 52 years old and married with 5 children. She has 3 years experience in the Pancake business. She sells to the village people and general public 5 days per week. She had 1 previous loan with SPBD. She expects her weekly net cash flow to be 400 Tala (~166 USD). SPBD loans are Saili’s only access to capital because she is unable to qualify for a loan with the traditional banks.The loan will be used for the business and to pay for children's school fees.
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.