Vaiema is a 46-year-old woman who is married with 5 children. She runs a business selling elei prints in her community. She has 2 years of experience with this business. Vaiema has requested a loan to buy a color paint, fabric materials, traditional designs, etc. for her business. She plans to use her profits to support her family. 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.