Myra is 35 year old woman with 1 child. She owns and operates a small flea market, selling items such as lavalava, shirts, make ups, souvenirs, etc. She has been doing this for 3 years. Myra needs a loan to buy materials such as Samoan bangles, earrings, tapa cloth, table mats, kava bowls and Samoan bags for her business. She hopes to use her profits to support her family. 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.