Elenoa is 30 years old, married, and has four children. She sells fish, octopus, and crabs in her community, which she has been doing for three years.
Elenoa is requesting a loan from SPBD, which she will use to purchase a life jacket, fishing net, spears, fishing rod, goggles, and a cooler. She plans to use her profits to support her family. Elenoa has been a member of SPBD since 2013.
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.