Faaaoao is a 40-year-old married woman with one kid. She runs a small business selling coffee and snacks and has been doing this for more than three years. Faaaoao has requested a loan to buy new items and more supplies to sell. She joined SPBD to gain access to capital. With her earnings, Faaaoao will make improvement within 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.