Saeuomalo is 21 years old and married with no children. For the past two years, she has run a small business selling fish in her community. Saeuomalo joined SPBD in 2013 to gain access to capital.
Saeuomalo is requesting a loan to buy fishing lures and a rod, net, and spears. With the earnings from her loan, she will help provide for her family’s daily needs.
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.