Senia A. is a 44-year-old woman who lives in Lalovaea village. She is married and has one grown child. To make a living, Senia owns and operates a food stall where she sells many different types of products. She has been engaged in this business for more than one year and earns approximately $500 WST a month from her work.
Earlier this year, Senia joined SPBD to gain access to financial services that can improve her life and business. She is applying for her first loan from SPBD to buy additional products to sell. Senia plans to use the additional revenue made possible by this loan to improve and expand her business.
SPBD's mission is to improve the quality of life of people living in poverty in the poor island nations of the South Pacific. SPBD's philosophy of lending is based on a respect for each individual's innate human ingenuity, drive and self esteem.
*Note: To maximize efficiency and reduce costs, this loan was posted using a template to automate the translation by Kiva. Given that manual translation of entrepreneur profiles is costly, Kiva created this template for our Field Partner to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders."
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.