Terry is a 30 year-old woman who is married and has four children. She runs a business selling food and local goods in her community. She has two years of experience with this business. Terry has requested a loan to buy more goods to expand her business. She plans to use her profits to save for family needs. She has been a member of SPBD since 2012.
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.