Ateileen is a 21-year-old single woman with no children. She makes and sells pancakes in her community to earn a living. She has more than three years of experience with this business.
Ateileen needs a loan to buy a bag of flour, a bag of sugar, oil, baking powder and a big frying pan. She plans to use her profits to support her family and save for the future. Ateileen became a member of SPBD in 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.