Maria, a 33-year-old married mother of three, wants to start a small business making and selling ice cakes in her community. She joined SPBD to gain access to financial services, and is requesting a start-up loan to buy foam cups, sugar, a cooler, etc. In the future, Maria hopes to extend 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.