Katerina is 23 years old and single with no children. She runs a small business selling fish in her community and has been doing this for one year. Katerina has requested a loan to buy fishing nets, bait, hooks, boots, and a fishing boat. She joined SPBD this year to gain access to capital. With her earnings, Katerina hope to expand her business in the future.
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.