Pepefa is a 37-year-old married woman with 1 child. She owns a taxi and she needs a loan to buy a new taxi sign, new tires, engine oil, and to pay for her taxi's business license. She will use her profits to develop and support her family financially. Pepefa joined SPBD in 2014 to gain access to financial services.
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.