Filomena is a 47-year-old married woman with four children. She gets and sells fresh fish in her community to earn a living. She has five years of experience with this business. Filomena needs a loan to purchase all dive-fishing gear for her business. She plans to use her profits to assist her with all her family needs. Filomena has been a member of SPBD since 2008.
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.