Leonia is a 19-year-old single woman with no children. She makes and sells ice cakes in her community to earn a living. She has 2 years of experience with this business. Leonia needs a loan to purchase bags of sugar, cordial, a box of foam cups, freezer, etc., to help her in operating her business. She plans to use her profits to extend her business and to support her family. Leonia has been a member of SPBD since 2013.
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.