Vira is 55 years old and married with six children. She runs a small business selling pancakes in her community and has been doing this for one year. Vira has requested a loan to buy flour, sugar, baking powder, plastic bags, etc., for her business. She joined SPBD in 2012 to gain access to capital. With her earnings, Vira will improve 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.