Silika is 31 years old, married, with one child. She owns and operates a small store, selling items such as snacks, sugar, salt, rice, canned food ,and freezers. She has been doing this for three years.
Silika needs a loan to refill her stock and improve her house. She hopes to use her profits to extend her shop.
She became a member of SPBD in 2010 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.