Makerita is 40 years of age and married with eleven children. She owns and operates a business planting and harvesting a variety of vegetables for sale. She has many years of experience in this business. Makerita needs a loan of WST $1,750 to purchase general farm supplies and equipment such as knives, spades, axes, sharpeners and a wheel-barrow. She plans to use the profit from her business (estimated to be 250 WST or US $104 per week) to financially support immediate members of her family.
In 2009, Makerita 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 Makerita's 3rd 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.