Sofia is thirty-three years old and married with no children. She owns and operates a small store that sells items such as sugar, flour, soft drinks, alcohol, and frozen products. She has been doing this for many years. Sofia needs a loan to buy chicken, sausages, mutton flaps, soft drinks, cigarettes, snacks, milk, noodles, mosquito coils, cooking oil and laundry soap. She hopes to use her profits to improve and extend her business. She became a member of SPBD in 2014 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.