She joined SPBD and borrowed US$300 which she used to buy the biggest pot she could find for cooking her pork buns, and also a gas stove to replace the old kerosene stove that she didn’t like because it gave her buns a kerosene smell. She is now very happy with the improvements to her business and is now looking at expanding it by making banana chips to go together with her pork buns.
Rosi sells her products at their village primary school five days a week, and she is very favored by the students because she’s a very funny lady. She explained it’s her personality that’s marketing her business. She’s a sixty-year-old mother of three grown-up children, and her husband is an engineer. She is a very active lady who is willing to stay longer in the program.
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