Maria is a 33-year-old woman who is single with 4 children. She has a small business of running bingo in her village. She has been in this business for 2 years.
Maria needs a loan to buy bingo paper, bingo markers, bingo cages, and money prizes. She will use her profits to improve her business. Maria joined SPBD in 2010 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.