Kapeneta is fifty-two years of age and is married with four children. She owns & operates a business venture, selling fried foods in the local community. She has 2 years of experience in this business. Kapeneta needs a loan of WST 1,500 to purchase raw ingredients such as chicken, sausages and flour to produce products for sale. She plans to use the profit from her business (estimated to be 350 talas or US $146 per week) to improve the business.
In 2010, Kapeneta 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 Kapeneta's 2nd 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.