Marieta is 30 years old and married with 4 children. She and her husband catch and sell fish, octupus, eel, and other sea creatures in her community or at the market to earn a living. She has 2 years of experience with this business. Marieta needs a loan to buy another fishing rod, some fishing hooks, goggles, flash light and flippers as well as a canoe. She plans to use her profits to graduate her children from college and build a larger house for her family. Marieta 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.