Hildergard is a 54-year-old widow with 4 children. To earn a living, she makes and sells ice cakes and soft drinks in her community. She has 2 years of experience selling refreshments. Hildergard needs a loan to buy plastic cups, flavorings, sugar, and soft drinks. She plans to use her profits to expand her business. Hildergard has been a member of SPBD since 2011.
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.