Lolomi is 36 years old and a single mother with one child. She owns and operates a small store, selling items such as sugar, salt, soap, etc. She has two years of experience with this business. Lolomi needs a loan to buy more items. She hopes to use her profits to help send her children to school. She became a member of SPBD in 2011 to gain access to capital for her business.
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.