Leonia, a 56-year-old widow with seven children, has been making and selling jewelry, carving bowls, and traditional clothes to earn a living for two years. She joined SPBD in 2011 to gain access to financial services and is now requesting a loan to purchase more items/new handicrafts. Leonia plans to use her profits to extend her business.
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.