Linda has benefited from two previous successful SPBD (South Pacific Business Development) loans. SPBD loans are Linda’s only access to capital, because she is not able to qualify for a traditional bank loan. She will use her loan to improve her business status and also to help pay for her kids' school fees. She desires to increase sales so that she may better financially support her family. Her husband also helps out with her business.
About SPBDSouth 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.
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Success!! The loan was 100% repaid