Iliganoa is 37 and a mother of six children. She runs a fishing business with her husband. Both she and the husband go out fishing 3 days a week if it’s good weather, but when the weather’s bad, her husband will go alone. The fish they catch they sell along the road side instead of transporting it to the main fish market in town. Most of the people who buy from them are passers by, because they know that they always sell fresh fish. Iliganoa feels that there should be an improvement to their business, which is why she’s now applying for a loan to purchase a fishing boat for her business. She believes that this boat will help them catch more fish and big ones too. She has got all her equipments needed and is looking forward to her new boat.
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.