Siolo is a 39 year-old married woman with five children. She has a small plantation and grows taro, bananas, and yams to earn a living. She has been doing this for five years. Siolo has requested a loan to to buy more crops and purchase new equipment. She has been a member of SPBD since 2012. With her profits, Siolo hopes to expand her business and renovate her house.
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.