SPBD loans are Leaso’s only access to capital because she was never able to qualify for a loan with the traditional banks to maintain and improve her business. She is a multi-talented young mother; she started her business with a plantation and now she is selling bricks in order for her businesses to become successful.
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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