Noel is 18 years old and single with no children. She would like to start a small business sewing clothes. In order to do this, Noel needs a loan to buy equipment to do her business. She hopes to use her profits to help her income. She has been a member of SPBD since 2012.
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.