Sulimauga is 49 years of age and married with five children. Sulimauga owns and operates a business venture selling baked goods in the local community. She has two years of experience in this business.
Sulimauga needs a loan of 1,500 tala to purchase sacks of flour, baking powder, yeast and an oven to replace the old one. She plans to use the profit from her business (estimated to be 300 tala or US $125 per week) to improve and expand the business.
In 2010, Sulimauga 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 Sulimauga's second 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.