Noataga is 31 years of age and married with five children. She owns and operates a business selling straw mats and mattresses to tourists and local community members. She has 1 year of experience in this business. Noataga needs a loan of WST $1500 to purchase raw materials to make mats and mattresses. She plans to use the profit from her business (estimated to be 300 talas or US $125 per week) to improve/expand the business.
In 2010, Noataga joined SPBD to gain access to financial services. Most of SPBD's clients are unable to borrow from commercial banks because they lack collateral. This is Noataga's 2nd loan with SPBD.
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.