Lealoaina F.'s main source of income comes from planting and harvesting taro for sale. She is a 61-year-old woman living in the town of Vaovai. She is married and has 13 adult children. Lealoaina has been in this business for over four years and earns approximately 400 WST a month. (0)
In 2009, Lealoaina joined SPBD to gain access to financial services to help improve her living conditions and enable her to engage in business activities. Lealoaina is requesting a loan for the first time from SPBD. Lealoaina is requesting a loan of 1000 WST which will be used to purchase general farm supplies and equipment. Lealoaina plans to use the additional revenue 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 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.