Ruta is 20 years old and single, with no children. She runs a small business, selling ice-cakes in her community. She has been doing this for many years. Ruta has requested a loan to buy ingredients needed for making her ices. She joined SPBD in 2011, to gain access to capital. With her earnings and with future loans, Ruta will improve 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.