Iulia is 31 years old and married with four children. She runs a small business selling pancakes in her community and has been doing this for two years.
Iulia has requested a loan to buy flour, sugar, baking powder and dripping oil for her business. She joined SPBD in 2011 to gain access to capital. Iulia will use the profit from her earnings to pay her children's school fees.
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.