Ioka is 47 years old and married with 4 children. She owns and operates a small store, selling items such as sugar, salt, chicken, cigarettes, etc. She has been doing this for many years. Ioka needs a loan to buy snacks, tin fish, sugar, flour,dripping oil, soy sauce, cigarettes, soft drinks, toilet rolls, and tomato sauce. She hopes to use her profits to expand 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.