Hildergard is 55 years old and widowed with four children. She runs a small business selling ice-cake in her community, and has been doing this for two years.
Hildergard has requested a loan to buy a deep freezer, sugar, cordials, foam cups and milk.
She joined SPBD in 2010 to gain access to capital. Hildergard will use her earnings to improve her family’s standard of living.
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.