Tumema is 60 years old and married with 5 children. She runs a small business selling ice-cake in her community and has been doing this for 2 years. Tumema has requested a loan to buy cordials, sugar, large spoon, and foam cups. She joined SPBD in 2011 to gain access to capital. With her earnings, Tumema will help with her families expenses.
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.