Mary joined SPBD in 2013 to gain access to its financial services. She is applying for a 1,000 WST loan to buy a spare tire and engine oil, plus brake and steering fluids. She will use her profits to pay for her children’s education.
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