Joyita is 58 years old and married with ten children. She owns and operates a small store, selling items such as soap, herrings, tinned food, and others. She has been doing this for two years. Joyita needs a loan to buy a new deep freezer, tinned fish, milk, boxes of chicken, sausages, snacks, bags of rice, sacks of sugar, onions, salt, soy sauce, and ice cream for resale in her store. She hopes to use her profits to extend her business. She became a member of SPBD in 2008 to gain access to capital for 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.