Pele, a 30-year-old married mother of one, has a small plantation where she grows taro and bananas that she can sell in her community or at the market. In business for three years and a member of SPBD since 2010, Pele needs a loan to buy equipment to enhance her enterprise. She will use the profits from her sales to expand in the future.
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.