Arasi is a 32-year-old unwed woman with four children. She runs a small business selling pancakes in her community and has been doing this for two years. Arasi has requested a loan to buy a bag of flour, bag of sugar, a large basin, and a new oven. She joined SPBD in 2013 to gain access to capital. She will save her earnings in case of an emergency.
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.