Moana is 69 years old and married with 2 children. She sells ice cakes to children in the village. To do this, she needs a loan to buy a new fridge. Moana hopes to buy new home furnishings with her profits, and in the future she hopes to start a small business making and selling woven handicrafts. She joined SPBD in 2009 to gain access to finance.
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.