100%

funded

Total loan: $700

Irma

Flag of Vanuatu
Port Vila, Shefa Province, Vanuatu / Food

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A loan helped to purchase bags of flour, sugar, yeast, and food containers.


Irma's story

Irma is a 57-year-old mother of two grown children. She is happily married and her husband is her “plus one” who supports her in her business. Irma and her husband live in a shanty home in a community compound that is located 10 minutes away from the city of Port Vila. Her community relies on the food industry for revenue. Irma’s business is located near schools and companies, so she is quite good at earning a steady income.

She has requested a loan to purchase bags of flour, sugar, yeast, and food containers so that she can stock up her inventory. As a result, she will be able to produce delicious donuts to sell, as well as cold drinks, so that she can better serve her valuable customers. Irma enjoys offering affordable food to students and the general public. With the revenue she earns, she will be able to build a house on her plot of land that is located in a rural area not far from Port Vila.

Irma began making delicious donuts in 2015 and has now been in business for more than five years. This is her second loan with South Pacific Business Development (Vanuatu). She successfully repaid her first loan on time. With these loans, Irma is motivated to expand her business so that she can better improve her family’s living conditions.