Malama is a 23-year-old divorced woman with two children. She makes and sells ice-cakes in her community to earn a living. She has one year of experience with this business. Malama needs a loan to buy bag of sugar, a plastic cup and some Chinese lollies (candy). She plans to use her profits to support her family. Malama became a member of SPBD in 2013.
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.