Pepa is 55 years old and married with two children. She owns and operates a small store, selling items such as meats, cooking supplies, drinks, snacks and more. She has been doing this for five years. Pepa needs a loan to buy new supplies and new stocks for her shop. She hopes to use her profits to increase and extend her shop and also support her family. She became a member of SPBD in 2009 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.