Palasi is 42 years old and married with two kids. She runs a small business selling fried and grilled food in her community and has been doing this for two years. Palasi has requested a loan to enlarge her business. She joined SPBD in 2012 to gain access to capital. With her earnings, Palasi will use her profits to pay for her childrens school fees.
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.