Oliva is sixty-four years old and married with seven children. She owns and operates a small store, selling items such as chickens, sugar, flour etc. She has been doing this for two years. Oliva needs a loan to improve her business. She hopes to use her profits to maintain her shop and help her family. 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.