Gloria is 21 years old and single with no children. She wants to start a small business making and selling Ice Cakes in her community. To do this, she needs a loan to buy plastic bags, milk, vanilla, sugar and deep freezer. In the future, Gloria Fruean hopes to extend her business. She joined SPBD to gain access to financial services.
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.