Faamuamua is a 22-year-old single woman with no children. She runs a small business selling noddles and snacks in her community and has been doing this for one year.
Faamuamua has requested a loan to buy sacks of flour, bags of rice, sugar, onions, soy sauce, boxes of chicken, a frying pan, dripping oil, foam plates, plastic bags, big cooking pots and salt. She joined SPBD in 2013 to gain access to capital. With her earnings, Faamuamua will use her profit to improve her business.
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.