Molita is a 32 woman who is married with 3 children. She has a small business, painting and printing of clothes, banner and signboards. She has 3 years with this business. Molita needs a loan to buy paintings, fabrics, elei boards, spray paint, plywoods and materials. She will use her profits to expand her business and to save for her childrens education. Molita joined SPBD in April this year 2013 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.