Miki is a 34-year-old woman with five children. She makes and sells ice cakes in her community to earn a living. She has two years of experience with this business. Miki needs a loan to buy bags of sugar, plastic bags, cordial flavoring and a cooler. She plans to use her profits to buy more ingredients to improve her business and help her family matters. Miki has been a member of SPBD since 2013.
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.