SPBD loans are Aisa’s only access to capital because she was never able to qualify for a loan from traditional banks. The loan will be used primarily to purchase ingredients for her food business. The remainder will be used to pay for her children's school fees.
About SPBDSouth 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.
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Success!! The loan was 100% repaid