Paepae is 21 years old and single with no children. She makes and sells elei printed materials to earn a living and has been doing this for 5 years.
Paepae has requested a loan to buy fabric, color paint, brushes, stencils and elei carved board. She plans to use her profits to support her family. She joined SPBD in 2011 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.