Mrs O. is a woman of 65 years of age with 10 kids altogether. Although she has many children to raise plus family commitments, she hasn't failed in taking up these duties. And it’s because of this particular business of ice-blocks where she started from her 1st loan of $750.She is now on her 5th loan of $1500 and it was used to repair the roof of her house and buy more ingredients for her ice-blocks. She has now also added her pancakes business which help the most in her repayments. She believes that without the help she got from the SPBD program through their loans that she could not raise her family and satisfy her family needs as well as her kid’s education. She is asking for a $1000 loan to improve her business.
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.