Karen is 19 years old and married with 1 child. She has a plantation where she grows taro and bananas that she can sell in her community or at the market. She has been doing this for 1 year. Karen needs a loan to buy more taro and small bananas to grow. She has been a member of SPBD since 2012. Karen will use the profits from her sales to help the business expand.
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.