Tina is a 33-year-old woman who is single with two children. She has a small taxi service business. She has had this business for three years. Tina needs a loan to buy new tires, brakes, seat covers, and pay for the taxi license renewal. She will use her profits to extend her house. Tina 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.