Solomua is 39 years old and is married with six children. Solomua owns and operates a business venture, selling fried foods in the local community. She has one year of experience in this business. Solomua needs a loan of WST 1000 to purchase raw ingredients needed to make products for sale. She plans to use the profit from her business (estimated to be 300 talas or $125 per week) to improve the general living conditions of her family.
In 2011, Solomua 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 Solomua's first loan with SPBD.
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.