Maimoana is a 38-year-old woman who is married with 2 children. She runs a business selling household goods, snacks, soft drinks, and frozen goods in her community. She has 10 years of experience with this business. Maimoana has requested a loan to purchase stock for her business. She plans to use her profits to expand her business and renovate her house. She joined SPBD 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.