Soloi is a 51-year-old married woman with five children. She makes and sells pancakes and pork buns in her community to earn a living. She has four years of experience with this business. Soloi needs a loan to buy flour, soy sauce, garlic onions, sugar, baking powder and syrup. She plans to use her profits to buy another new oven for her bakery. Soloi has been a member of SPBD since 2009.
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.