Luisa is 50 years old and married with 8 children. She wants to start a small business making and selling snacks in her community. To do this, she needs a loan to buy buns, cookies, hot dogs, coca cola, and bongo (Samoan chips).
Luisa joined SPBD in 2011 to gain access to financial services.
In the future, Luisa hopes to use her profits to improve her business and for the betterment of her family.
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.