Otilia is a 33 year old woman who is married with 2 children. She has a small bingo business. She has had this business for 3 years. Otilia needs a loan to purchase more equipment that will be used for her business. She will use her profits to save money for her family needs. Otilia joined SPBD in 2010 in order 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.