Meretauutu is a 42-year-old married woman with five children. She runs a small business, selling snacks, finger foods, etc. in her community, and has been doing this for three years.
Meretauutu has requested a loan to buy chicken, sausages, noodles, rice, onions, and foam plates. She joined SPBD in 2009 to gain access to capital.
With her earnings, Meretauutu will help her family in every need.
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.