In 2010, Manino joined SPBD to gain access to financial services to help improve her living situation and ability to engage in business activities. Having repaid a previous loan of 1000 WST that was used to purchase general farm supplies and equipment, she is now requesting a new loan of 1000 WST to purchase sacks of fertilizers and gromozones. Manino plans to use the additional revenue arising from the loan to improve/expand her enterprise.
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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Success!! The loan was 100% repaid