A loan of $650 helped to purchase timber, nails and iron roofing to renovate and enlarge her work-shop house.

Sosefina's story

Sosefina, a 49-year-old married mother of nine children, has owned and operated an auto repairs business venture or work-shop house for the past four years. Sosefina needs a loan of WST $1500 to purchase timber, nail and iron roofing to enlarge and renovate her work-shop house. She plans to use the profit from her business (estimated to be 700 talas or US $292 per week) to improve the general living conditions of her family.

Sosefina joined SPBD to gain access to financial services. Most of SPBD's clients are unable to borrow from commercial banks because they lack collateral. This is Sosefina's second loan with SPBD.

Loan details

Lenders and lending teams

Loan details