Tutoatasi T. (0) is a 49-year-old woman living in the town of Samalaeulu Leauvaa. She is widowed and has three adult children.
Tutoatasi owns and operates a clothing business, providing general clothing services to local community members. She has been engaged in this business for over two years and earns approximately 350 WST a month.
In 2007, Tutoatasi joined SPBD to gain access to financial services to help improve her living situation and her ability to engage in business activities. She has successfully repaid a previous loan of 1,250 WST from SPBD. This previous loan was used to purchase additional fabrics and materials.
Tutoatasi is now requesting a new loan of 2,000 WST which will be used to invest in expanding her business. The loan will be her 3rd from SPBD. She plans to use the additional revenue generated from the business to improve the general living conditions of her family.
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.