Noela is 36 years old and married with 5 children. She runs a small business selling biscuit in her community and has been doing this for more than 4 years. Noela has requested a loan to buy a bag of flour, bag of sugar, pan, baking powder and dripping oil. She joined SPBD in 2010 to gain access to capital. With her earnings, Noela will save it for her childrens education and for unexpected emergency.
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.