Letusia is a 56-year-old woman who is widowed with seven children. She runs a business of selling goods in her community. She has many years of experience with this business. Letusia has requested a loan to purchase more goods, such as sacks of flour, sacks of sugar, rice, salt, chicken, etc., for her shop. She plans to use her profits to support her family. She has been a member of SPBD since 2010.
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.