Mary is a 64-year-old woman who is divorced with 3 children. She runs a small store selling a variety of items in her community. She has 5 years of experience with this business. Mary has requested a loan to buy soft drinks, snacks, a chest freezer, and a display fridge. She plans to use her profits to extend her business. She has been a member of SPBD since 2009.
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.