Meleseke is 25 years of age and is married with one child.
Meleseke owns and operates a business venture, selling baked goods in the local community. She has 1 year of experience in this business. Meleseke needs a loan of 1,000 WST to purchase additional products to sell. She plans to use the profit from her business (estimated to be 250 talas or US $104 per week) to improve/expand the business.
In 2011, Meleseke 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 Meleseke's first 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.