Semiperive is 22 years old and single with no children. She runs a small business selling BBQ in her community and has been doing this for 3 years. Semiperive has requested a loan to buy mutton flaps, chicken leg quarters, soy sauce and tomato sauce. She joined SPBD to gain access to capital. With her earnings, Semiperive hopes to buy some new furniture for her home.
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.