Sosefina is a 53- year-old unwed woman with six children. She has a small plantation and grows taro and bananas to earn a living. She has been doing this for nine years. Sosefina has requested a loan to buy chemicals, sprayers and a wheelbarrow. The remaining amount of her loan will be used to renovate her house, buying items such as cement and timber
She has been a member of SPBD since 2006. With her profits, Sosefina hopes to build a better future for her children.
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.