Tiare is a 37-year-old married woman with two children. She makes and sells ice cakes in her community to earn a living. She has one year of experience with this business.
Tiare needs a loan to buy sugar, cordials, a carton of flavors, foam cups and a small freezer. She plans to use her profits to help support her children's education and to improve her business. Tiare 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.