Noreen is 18 years old and single with no children. She owns and operates a small store, selling items such as breads, noodles, ice-pops, ice-cakes, and chicken legs. She has been doing this for one year. Noreen needs a loan to buy sugar, flour, bags of rice, boxes of herring, snacks, soft drinks, cigarettes, and noodles for her business. She hopes to use her profits to enlarge her business and to improve her family's standard of living. She became a member of SPBD in 2013 to gain access to capital for her business.
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.