Maria is 39 years old. She is a veteran of the SPBD program and is very active in her local center. One main motivator for Maria to join the program was the goal of keeping current with her children’s school fees and buying them their school supplies. She has used two previous SPBD loans to finance an expansion of her small shop’s inventory. With an outstanding history of on-time and in-full loan repayments, Maria now qualifies for a third loan. Again, she will use this loan to finance the purchase of more merchandise for her shop. Maria is committed to ensuring that her local customers remain satisfied and are able to get all their basic shopping done within this small village.
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.