Olepa is a 39-year-old married woman with four children. She makes and sells coconut buns in her community to earn a living. She has two years of experience with this business. Olepa needs a loan to buy coconuts, vegetable oil, sacks of sugar, yeast, and flour. She plans to use her profits to extend her business in order to support her family and save more. Olepa has been a member of SPBD since 2012.
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.