Salote is a 38 year old married woman with five children. She catches and sells fresh fish in her community to earn a living. She has many years of experience with this business. Salote needs a loan to buy a fishing net to replace her old one. She plans to use her profits to help with the daily needs of her family. Salote has been a member of SPBD since 2011.
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.