Fenumiai is a 30-year-old single woman with one child. She runs a small business selling ice pops and popcorn in her community; she has been doing this for five years.
Fenumiai has requested a loan to buy popcorn seeds, cooking oil, a deep pot, cordials, a large cooler and a bag of sugar.
She joined SPBD in 2010 to gain access to capital. With her earnings, Fenumiai will be able to pay for her child's education.
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.