In 2006, Leiasina joined Kiva partner, SPBD. This is her fourth loan with SPBD. SPBD's loans are Leiasina's only access to capital because she was never able to qualify for a loan with traditional banks.
In 2000, Greg Casagrande founded SPBD and, since then, it has expanded from the main island of Upolu in Samoa to Savaii as well as Tonga. SPBD's philosophy of lending is based upon the Grameen Bank lending method. Please join SPBD's lending team on Kiva to receive on-the-spot updates on SPBD. Visit http://www.kiva.org/community/viewTeam?team_id=8375
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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