Faalotoina is a 30 year old mother and is married with 9 children. Her family lives on their plantation, which is also their main source of income. Her husband is a farmer and he has been very supportive in taking care of the family. Faalotoina heard of SPBD through the village women and she decided to do something to make use of her time. Her parents used to run a shop, but when the father passed away two years ago, it was closed down. With her first loan, she renovated the shop and started it up again. Her shop is now running well and she hopes to expand it using this loan (her second). She is very thankful for the help of SBPD which has helped her to improve her family’s standard of living.
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.