Miriama joined SPBD in December, 2013 to take advantage of its financial services. She is applying for a 1,000 WST loan to buy a bag of flour, a bag of sugar, vegetable oil and a fryer.
With her anticipated profits Miriama plans to expand her business and save more for unexpected emergencies.
About SPBDSouth 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.
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Success!! The loan was 100% repaid