Malo is 42 years old and single but with two children. She has a small herd of pigs, chickens, and cows which she raises and sells to the public. She has been doing this for two years.
Malo needs a loan to buy barbed wire, a shovel, ropes, more cows and chickens for her herd. She is a new member of SPBD this year 2012. Malo will use the profits from her sales to improve her family assets.
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.