Logotaeao is a 36 year old married woman with 3 children. She sells pancakes to the people in her village and school kids, and has been doing this for 2 years. Logotaeao has requested a loan to buy sacks of flour,sugar, cooking oil, baking powder, 2 large frying pans, gas stove, gas, and also needs to pay shool fees for her kids. She joined SPBD in 2013 to gain access to capital. With her earnings, Logotaeo will be able to provide necessities for her family's daily needs.
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.