Theresa is a 42-year-old married mother of four who has been making and selling ice cakes in her community to earn a living for two years now. Having joined SPBD this year, Theresa is requesting a loan to buy bags of sugar, plastic cups, cordials and a large cooler. She plans to use her profits to help with her family's weekly expenses.
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.