Koreti is a 39-year-old married woman with one child. She sells fish in her community to earn a living and has 3 years of experience with this business. Koreti needs a loan to buy fishing net and a new canoe. She plans to use her profits to pay for her child's education. Koreti has been a member of SPBD since last year.
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.