Fonoki is a 33 year old woman who is married and hase 1 child. She runs a business sewing and designing clothing in her community. She has many years of experience with this business.
Fonoti has requested a loan to buy a new sewing machine, materials, threads and needles. She plans to use her profits to expand her business in the future and to help support her family. She joined SPBD in 2012 to gain access to financial services.
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.