Mafa is a 58-year-old woman who is married with seven children. She has a small sewing business. She has had this business for two years.
Mafa needs a loan to buy a new sewing machine, needles, thread and fabric. She will use her profits to expand the business. Mafa 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.