Ile is a 62-year-old woman who is married with seven children. She has a small business sewing clothes; she has been doing this for five years.
Ile joined SPBD in 2008 to gain access to financial services. She needs a loan to buy more material, thread, needles, and a new sewing machine for her business.
She will use her profits to help support her grandchildren in school, and support her family.
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.