South Pacific Business Development (SPBD) is a network of Microfinance Institutions working in Fiji, Samoa, and Tonga dedicated to eradicating poverty by empowering women in poor rural villages with the opportunity to start, grow and maintain sustainable, income-generating micro-enterprises, build assets, as well as, finance home improvements and childhood education. SPBD provide clients with a range of training, financial services and ongoing motivation so that they can climb out of poverty permanently.
SPBD serves women living in both rural and peri-urban areas who are vulnerable to the consequences of poverty. These include single mothers, the unemployed, minorities, the poor in health, the disabled, the unbanked, and potential victims of domestic violence. Of the total number of loans distributed:
99% go to women
80% go to clients living in rural areas
40% go to single mothers
SPBD expects to see a positive ripple-effect flowing through to the formal economy and society at large as more micro-businesses are started and more individuals gain access to work in the formal economy.
In partnering with Good Return, SBPD is expanding its outreach to the poorest clients in Tonga.
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Good Return is an Australian charity that provides microfinance and education to the poor in the Asia Pacific.
© Good Return 2014. Good Return is an initiative of
World Education Australia
, an Australian Aid accredited agency. ABN 39 106 279 225
World Education Australia is a member of the Australian Council for International Development (ACFID) and is a Public Benevolent Institution.