Iosefina is 34 years old and married with 4 children. She would like to start a small business, selling printed material. In order to do this, Iosefina needs a loan to buy more supplies, such as material, paints, brushes, rollers, etc. She hopes to use her profits to save for her family's betterment and for her kid's education. She has been a member of SPBD since 2012.
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.