Moeula is a 28-year-old woman who is single with 5 children. She plans to start a small business, elei painting. Moeula needs a loan to get all the equipment for her business. She will use her profits to help provide her family an income supplement. Moeula joined SPBD in 2012 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.