Leafa is a 19-year-old woman who is single with no children. She runs a business of printing materials in her community. She has two years of experience with this business. Leafa has requested a loan to buy materials and tools needed. She plans to use her profits to expand her business. She joined SPBD in 2012 to gain access to financial services.
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.