Fetuao is a 34-year-old woman living in the town of Fatausi. She is married and has two school-aged children.
To make a living, Fetuao makes and sells food, primarily baked goods, in the local community. Fetuao has been engaged in this business for over three years and earns approximately 600 WST a month.
In 2010, Fetuao joined SPBD to gain access to financial services to help improve her business and living situation. Fetuao has successfully repaid a previous loan of 1,000 WST from SPBD. This previous loan was used to invest in expanding the business.
Fetuao is now requesting a new loan of 1,000 WST, which will be used to purchase a new oven. This will be the second loan taken out by Fetuao from SPBD.
Fetuao plans to use the additional revenue generated from the loan to improve and expand her business.
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.