Sooga is twenty-five years old and single with one child. She runs a small business selling fish in her community and has been doing this for more than a year.
Sooga has requested a loan to purchase new equipment. She joined SPBD in 2012 to gain access to capital. With her earnings, Sooga will increase and develop her business.
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.