Otila T. is a 52-year-old woman living in the town of Lotofaga, Aleipata. She is married and has 8 adult-aged children. To make a living, Otila cultivates fruit trees and harvests their fruit for sale. Otila earns approximately 450 WST a month.
Otila joined SPBD to gain access to financial services to help improve her living situation and ability to engage in business activities. This will be Otila's 5th loan from SPBD. She repaid a previous loan of 1750 WST that she used to purchase fertilizers such as manure. Her new loan of 2450 WST will also be used to purchase fertilizer. Otila plans to use the additional revenue generated to improve 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.
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.