Penina is 32 years old and married with four children. She runs a small business selling cooked taro, banana, breadfruit and coconut cream with herring in her community and has been doing this for three years.
Penina has requested a loan to buy more taro, banana, yams, herring and breadfruit. She joined SPBD in 2011 to gain access to capital. With her earnings, Penina will help her family, pay for her children's education, and improve 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.