Lepeka is 44 years old. She is married and has 6 children. She owns and operates a small canteen, selling food products like donuts, sandwiches, and other snacks in her community. She has one year of experience in this business. Lepeka is asking for this loan of WST 1000 to purchase ingredients to make additional food products for sale. She will use the profits from her sales to support her family and improve her business. This is her 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.