Koreti is a 42-year-old married woman with six children. She makes and sells food in her canteen in the community to earn a living. She has three years of experience with this business. Koreti needs a loan to buy packs of chicken, mutton flaps, cucumbers, plastic plates, etc. She plans to use her profits to improve her house. Koreti has been a member of SPBD since 2010.
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.