Iva is 38 years old and she is married with 10 children. She makes and sells printed materials and samoan handicrafts to earn a living and has been doing this for five years. Iva has requested a loan to buy paints, brushes, screen prints, and other items. She plans to use her profits to expand her business and to renovate her home. She 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.