Silomiga is 34 years old and married with six children. She wants to start a small business making and selling ice cakes and other items in her community. To do this, she needs a loan to buy bags of sugar, flour and boxes of snacks. In the future, Silomiga hopes to expand her business to help 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.