Sa is a 32-year-old woman living in the town of Satupaitea Vaega. She is married and has 2 infant children. To make a living, Sa owns and operates a business making and selling cooked food to local communities. Sa has been engaged in this business for over 2 years and earns approximately 1,200 WST a month from these activities.
In 2009, Sa joined SPBD to gain access to financial services to help improve her living situation and ability to engage in business activities. Sa has successfully repaid a previous loan of 1,000 WST from SPBD. This previous loan was used to invest in expanding the business.
Sa is now requesting a new loan of 1,000 WST which will be used to purchase an oven, mutton flaps (mutton or lamb belly meat), sausages, plastic plates and tissues. This loan will be the 4th loan taken out by Sa from SPBD.
Sa plans to use the additional revenue generated from the business to make improvements to her house.
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.