Eseta is 38 years old and single. She has one child. She owns and operates a small store, selling a variety of items. She has been doing this for five years. She needs a loan to buy a materials and inventory. She plans to use her future business growth to support her family's weekly expenses. Eseta became a member of SPBD in 2012 to gain access to capital for her business.
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.
This loan is special because it reaches financial excluded and underserved people.