Barry is 18 years old and single with no children. He wants to start a small business making and selling printed fabrics, called lavalava, in his community. To do this, he needs a loan to buy materials. In the future, Barry hopes to expand his business. He joined SPBD in 2012 to gain access to financial services.
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.