Penina S. is a hard-working woman of thirty four years of age. She has five children who are all attending school. She runs an Ice Cake business at home and sells cakes to the people of her village, especially the school kids. Penina sells her cakes every day of the week and she is able to earn more money than she expected. Her husband and the kids also help out in their business if and when they have free time. Penina really appreciates the help of S.P.B.D for lending her the money that has allowed her to run her own 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.