Fiaoo is 31 years old and married with two children. For the past four years, she has owned and operated a small store where she sells items such as rice, sugar, flour, cooking oil, and other products. Fiaoo became a member of SPBD gain access to capital for her business.
Fiaoo is requesting a loan to stock her shop. She hopes to use her profit to buy her children new stationery.
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.