Lise is 51 years old and married with two children. She owns and operates a small store selling items such as milk, sugar, rice, flour, soap, etc. She has been doing this for 27 years.
Lise needs a loan to buy sugar, rice, flour, salt, boxes of tinned fish, tomato sauce, noodles, cooking oil, chop suey noodles, soy sauce, spaghetti, toilet paper and diapers. She hopes to use her profits to improve her business and support her family financially. She became a member of SPBD in 2010 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.