Laasaga is a 43-year-old woman who is married. She needs a loan to buy tyres, oil, a filter and other items to service her taxi. She will use her profits to improve her business and for home improvements.
Laasaga joined SPBD in 2009 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.