Transformative Ventures LLC is a Newark-based company that specializes in South Pacific Business Development (SPBD) microfinance. With a focus on empowering women entrepreneurs, they have provided financial products, business skills training, and financial education to over 110,000 women micro-entrepreneurs across Samoa, Tonga, Fiji, Vanuatu, and the Solomon Islands. Their mission is to improve the quality of life for underprivileged families by offering meaningful economic opportunities to help lift them permanently out of poverty.
With a macro impact, Transformative Ventures LLC has disbursed loans worth US $272 million since its inception, making 321,000 loans to hardworking women. They have also facilitated 54,000 savings accounts, providing a safe place for hard-earned income, and currently have 24,100 outstanding loans across the South Pacific. Through their efforts, they have enabled women like Pelenaise, a canteen owner in Tonga, to achieve their dreams and strive for their goals.
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