Hatesa is a 27-year-old married woman with four children. She makes and sells baked goodies such as, cream buns, donuts, cookies and biscuits in her community to earn a living. She has two years of experience with this business. Hatesa needs a loan to buy new ingredients and a new oven. She plans to use her profits to ensure a better future for her children. Hatesa 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.