Posia is 46 years old and married with four children. She owns and operates a small store, selling items such as frozen products, food supplies and many more things. She has been doing this for three years.
Posia needs a loan to buy new goods and products for her shop. She hopes to use her profits to support her family and kids. She became a member of SPBD in 2011 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.