Siloi became a member of SPBD in 2008 to gain access to capital for her business. She is now applying for a 2,000 WST loan to buy snacks, soft drinks, sugar, salt, onions and flour to sell. She plans to use her profits to support her child.
About SPBDSouth 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.
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Success!! The loan was 100% repaid