Caroline is a 24-year-old woman who is married with one child. She runs a business selling clothes in her stall in her community. She has one year of experience with this business. Caroline has requested a loan to improve her business. She plans to use her profits to purchase more materials to improve her business. She joined SPBD in 2011 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.