Lauaea is 19 years old and married with 1 child. She runs a small business selling pancakes in her community and has been doing this for 1 year. Lauaea has requested a loan to buy bags of flour, sugar, vegestable oil, tongs, spoons etc. She joined SPBD in 2012 to gain access to capital. With her earnings, Lauea plans to extend her business in the future.
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.