Moana is 76 years old and married with one child. She makes and sells handicrafts in her community to earn an income, and has nine years of experience in this business. Moana has requested a loan to buy bags of coconut shells, a new carving tool set, sandpaper, a can of varnish and paint brushes. She hopes to use her profits to pay for her families weekly expenses. She joined SPBD in 2005 to gain access to its 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.