Leutogi is a 27-year-old single mother with one child from the village of Papaigalagala. This is her second loan from SPBD in the amount of USD$475. She is a hard-working lady. She sells her ice cakes (homemade popsicles) from her home to village people seven days a week.
Leutogi earns around US$ 60 a day from her business. She is now applying for a loan of USD$475 for expanding of her ice cake business and also for renovating her home.
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.