For the past year Elsie, a 29-year-old married mother of three, has been running a small business selling BBQ in her community. She joined SPBD in 2012 to gain access to capital and is now requesting a loan to expand her enterprise through the purchase of an oven, chickens, lamb flaps, sausages, etc. Elsie will be better able to support her family through this expansion.
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.