Oli is 65 years old and married with eight children. She owns and operates a small store, selling items such as sugar, salt, snacks and others. She has been doing this for five years.
Oli needs a loan to buy a bag of sugar, flour, a box of chicken, salt, and snacks. She hopes to use her profits to extend her business. She became a member of SPBD in 2010 to gain access to capital for her business.
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.