Toese is a 30-year-old woman who is married and has two children. She plans to start a small business, which is painting different designs on clothes.
Toese needs a loan to buy paints, brushes, elei design board (for imprinting designs), and materials for her business. She will use her profits to improve her business in the future.
Toese joined SPBD this year 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.