Mary is 24 years old, married and the mother of one child. She owns and operates a business where she sews and sells clothes in her community. She has three years experience in this line of work and is requesting a loan to buy a new sewing machine and other equipment. Mary hopes to use the additional profit she expects to earn to expand her business and improve her house. She joined SPBD in 2011 as a way to access financial services.
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.