Matautu is a 60-year-old married woman with seven children. She has a taxi business which serves in her village and nearby villages. She is requesting this loan to buy new tires, oil fluid, engine oil, power steering, and brakes. Matautu joined SPBD in 2012 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.