Maatane is thirty-one years old and single with four children. She runs a small business, making and selling handicrafts to earn a living. She has two years of experience in this business.
Maatane requested a loan to purchase materials needed to make her handicrafts. She will use the profits from her sales to support her family and continue improving her business.
Maatane joined SPBD in 2012 to gain access to financial services. This is her 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.