Monika is a 27-year-old married woman with one child. She sells fish in her community to earn a living. She has many years of experience in this business.
Monika needs a loan to buy her husband some fishing gear. She plans to use her profits to improve her business. Monika has been a member of SPBD since 2012.
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.