Rasela is 19 years old and has one child. She wants to start a small business making and selling pancakes, and German-style buns in her community. To do this, she needs a loan to get all the equipment for her business. In the future, Rasela hopes to earn more to help her family. She joined SPBD in 2012 to gain access to 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.