For the past year Faleseesee, a 35-year-old married mother of two, has been running a small business selling ice cakes and pancakes in her community. Having joined SPBD in 2012 to gain access to capital, she has requested a loan to buy flour, oil, gas ovens, cordials, flavors, sugar, and plastic bags. With her earnings, Faleseesee will expand her business to help improve her family's living conditions.
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.