Yolanda is a 27 year old unwed woman who has 2 children. She makes and sells Elei printed material to earn a living and has been doing this for 2 years. Yolanda has requested a loan to buy material, fabric paint, stencils, a cutter, brushes, and rollers. She plans to use her profits to expand her business. She 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.