Kapeneta is a 41-year-old married woman with nine children. She runs a small business selling pancakes in her community and has been doing this for two years. Kapeneta has requested a loan to buy flour, sugar, eggs, baking powder, dripping oil and a large frying pan. She joined SPBD in 2010 to gain access to capital. With her earnings, Kapeneta will use her business profit to help her business and her family.
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.