Faanimo is 52 years old and married with 8 children. She runs a small business selling ice-cake in her community, and she has been doing this for 3 years. Faanimo has requested a loan to buy ingredients needed for making her ice-cakes. She joined SPBD in 2012 to gain access to capital. With her earnings, Faanimo will improve 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.