In 2012 Sitoe joined SPBD to take advantage of their financial services. She is now applying for a 1000 WST loan to buy an oven, frying pan, a bag of flour, oil and a sack of sugar. Sitoe hopes that in the future she can expand her business.
About SPBDSouth 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.
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