Korina is married with six kids that are all living together in one place with just two of them working. She had applied for a $300USD loan which was used to buy the ingredients such as cordials, sugar and plastic bags for her ice-cake business . She sells them at school five days per week and in the village every day. She earns $45ST per day but if she produced more she could earn $65 per day. She hopes that her next loan will be used to buy a big freezer for the business replacing her current small and old one.
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.