Tipesa is 70 years old and married. She has five children.
She owns and operates a small store, selling items such as snacks, drinks, flour, sugar, etc. She has been doing this for five years.
Tipesa needs a loan to re-stock her shop. She hopes to use her profits to expand the front of her shop, for more parking space. She became a member of SPBD gain access to capital for her business.
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.