Telesia is 30 years old and married with 1 child. She owns and operates a small store, selling items such as rice, flour, sugar, chicken, mutton flaps, soft drinks and more. She has been doing this for 3 years. Telesia needs a loan to buy rice, sugar, salts, onioni, washing powder, soap . She hopes to use her profits for her childs education and to support her family financially. She became a member of SPBD in 2012 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.