Punitia Taupauga, a 35-year-old married mother of four, has been operating a small business selling porkbuns and other baked goods in her community for over two years. Punitia joined SPBD in 2010 to gain access to capital, and is now requesting a loan to purchase flour, a box of chicken, onion, salt and black pepper. With her earnings,she will look to extend her business and increase its quality.
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.