Iuni is a 31-year-old woman who is unwed with no children. She has a small taxi business to earn an income. She has 3 years with this business. Iuni needs a loan to buy new tyres, a new gear box, a taxi sign indicator, engine oil, new paint job and petrol. She will use her profits to pay for her families weekly expenses. Iuni joined SPBD in 2011 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.