Loloma is new to the SPBD programme. She wants to utilise this first loan to improve the small farm that she currently has. Her family depends on the farm income for all their expenses and she has joined SPBD programme with the hope that her farm can be sustained and will continue to bring in money for the whole 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.