Iva Center - Group 3
Participants learn about savings and loan schemes, business planning, and managing household finances. Most of them are engaged in farming, but the women are aware of other possibilities. Some are planning to process their products (for example taro and banana chips) before selling them in the market. Others are planning to open flea markets where they can sell not only agricultural products but a whole range of other necessary commodities. The weekly meetings that they attend are very enlightening for all of them. It is in these meetings that they are able to share ideas and support each other.
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.
This is a Group Loan
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Success!! The loan was 100% repaid