Matalena is 27 years old, married, and has two children. She wants to start a small business making and selling ice cake in her community. To do this, she is requesting a loan, which she will use to buy foam cups, sacks of sugar,cordials,. In the future, Matalena hopes to save her profits for her children's education and betterment of 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.