Miriama is 20 years old and married with no children. She wants to start a small business of making and selling chips in her community. To do this, she needs a loan to buy an oven, a large frying pan, plastic bags, a basin and dripping oil.
In the future, Miriama hopes to expand her business and to save more money to support her family. She joined SPBD in 2011 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.