Palolo is 58 years old and married with five children. She runs a small business selling pancakes in her community and has been doing this for three years.
Palolo has requested a loan to buy flour, oil, a cooking oven and a large cooking pot. She joined SPBD in 2011 to gain access to capital. With her earnings, Palolo hopes to improve her business to help her kids education and her family matters.
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.