Motiana has two previous loans from SPBD. SPBD loans are her only access to capital because she has never been able to qualify for a loan with traditional banks. Her loan will be used to buy chemicals, fertilizer, weed killer and bush knives. Her husband is helping her operating the 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