Ramona is a fifty-seven year old woman. She is married and has seven children. Ramona has long been the breadwinner of the family and even her grown children continue to rely on her for financial support. She operates a small shop in her village, but prior to joining SPBD she was never able to keep more than a couple of items in stock. She was anxious to join in order to have access to micro-loan facilities that she could use to finance inventory purchases as needed. This strategy has been successful, and Ramona has been able to expand her product line to include women’s and girls' clothing. Ramona is justifiably proud of her role in the family as the income-earner. Providing Ramona with further credit allows her to maintain this title and continue to incrementally expand her shop for the benefit of her family.
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.