Naomi is 62 years old and married with three children. She runs a small business selling barbeque in her community and has been doing this for one year.
Naomi has requested a loan to help with business improvements. She has just joined SPBD to gain access to capital. Naomi will use her business profit to purchase more equipment to improve business and help her kids' education.
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.
A loan of $425 helped Naomi to buy more mutton flaps, sausages, chicken leq quarters, onion, soya, tomato sauce, paper napkins, plastic forks, spoons, plates, plastic bags, gas, timber, pots, and cooking utensils to maintain her barbeque business.