Annie is 38 years old and a widowed woman with four children. She owns and operates a small store selling items such as chicken legs, noodles, snacks, etc. for her business. She has been doing this for three years.
Annie needs a loan to buy a box of chicken, sugar, flour, laundry powder, diapers, corned beef, snacks, soft drinks, cigarettes, and noodles for her business. She hopes to use her profits to improve her family's standard of living and her business. 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.