Vira is 56 years old and widowed with 2 children. She owns and operates a small store, selling items such as snacks, sugar, freezers, salt, flour, etc. She has been doing this for many years. Vira needs a loan to re-stock her small shop. She hopes to use her profits to improve her business. She became a member of SPBD in 2012 to gain access to capital for 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.