Saofai is 57 years old and married with 8 children. She runs a small business selling fish in her community and has been doing this for many years.
Saofai has requested a loan to buy a cooler, snorkels, goggles, spears and nets for her fishing business. She joined SPBD in 2010 to gain access to capital. With her earnings, Saofai will improve her business to save more money for her children's future.
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.