Miriama is 31 years old. She is married and has four children. Miriama owns and operates a business venture, planting and harvesting taro for sale. She has three years of experience in this business. Miriama needs a loan of 1750 WST to purchase weed-killers such as Gramoxone. She plans to use the profit from her business (estimated to be 350 talas or $146 per week) to improve and expand her business.
In 2009, Miriama 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 Miriama's fourth 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.