Masi has 2 previous loans with SPBD. SPBD loans are Masi's only access to capital because she has never been able to qualify for a loan with a traditional bank. Her loan will be used to buy cotton material, thread, and needles, along with a new sewing machine to replace her old one.
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