Laura, a 20-year-old single lady with no children, has been running a small business selling pancakes in her community for two years now. She joined SPBD in 2010 to gain access to capital and is now requesting a loan to buy flour, sugar, dripping oil, baking powder, a kerosene oven, a plastic container, a big pot and a frying pan. With her earnings, Laura will help provide for her family's daily needs.
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.