South Pacific Business Development (SPBD) - Vanuatu
What to know about this Lending Partner
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Partner Description:
South Pacific Business Development Vanuatu (SPBD Vanuatu) was founded in 2017 and is part of the South Pacific Business Development network of microfinance institutions. The network aims to improve the quality of life of families living in poverty by providing unsecured credit, business training and ongoing motivation and guidance. Clients work with SPBD Vanuatu to start, grow and maintain micro-businesses, build assets, as well as finance home improvements and childhood education.
A unique lending approach:
SPBD Vanuatu uses a group lending strategy to provide working capital to women and help them develop small businesses. The organization also offers loans to women to pay for home improvements and school expenses. In addition to loans, SPBD Vanuatu offers other services including savings products, insurance, and financial education.