Telesia is a 33 year old married woman with 1 child. She makes and sells pancakes in her community to earn a living. She has 3 years of experience with this business. Telesia needs a loan to buy a sacks of flour, sugar,vegetable oil, baking powder and a new stove to replace the old one.She plans to use her profits to improve her business and to help support her family needs. Telesia has been a member of SPBD since 2012.
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.