Josephine is a 25-year-old married woman with three children. She makes and sells pancakes in her community to earn a living. She has three years of experience with this business. Josephine needs a loan to buy flour, sugar, oil, a large cooking pot for gas ovens. She plans to use her profits to improve her business and help her family matters. Josephine has been a member of SPBD since 2011.
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.