Ailini T. is a 47-year-old woman living in the town of Vaisala. She is married and has eight children. To make a living, Ailini operates a fishing business. The main source of income for the business comes from harvesting and selling ocean-caught fish in the local community. Ailini has been engaged in this business for over four years and earns approximately 400 Samoan tala a month from these activities.
In 2008, Ailini joined SPBD to gain access to financial services to help improve her living situation and ability to engage in business activities. Ailini has successfully repaid a previous loan of 750 WST from SPBD. This previous loan was used to invest in expanding the business. Ailini is now requesting a new loan of 1,500 WST, which will be used to invest in expanding the business. This will be the second loan taken out by the borrower from SPBD. Ailini plans to use the additional revenue generated from the business to improve/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.