Telisa is 48 years old and married with 6 children. She wants to start a small business making and selling elei lavalava (sarongs) in her community. To do so, she needs a loan to buy materials such as brushes, elei board, fabric paint, rolls of fabric, and buckets. In the future, Telisa hopes to expand her business. She has just joined SPBD 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.