Vaine is a 41-year-old woman who is single with six children. She runs a business of Elei printing and sewing clothes in her community. She has three years of experience with this business. Vaine has requested a loan to buy a sewing machine, threads, materials, needles, fabric paints, carved Elei designs, stencils, and brushes. She plans to use her profit to expand her business. She joined SPBD in 2010 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.