Fou is a 75-year-old woman who is married with 11 children. She runs a business selling general items like, rice, sugar, drinks, raw meat, canned food etc in her community. She has two years of experience with this business. Fou has requested a loan to refill her stock. She plans to use her profits to expand and enlarge her shop. She has been a member of SPBD since 2012.
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.