Atagai, age 24, provides dressmaking services to local community members. She has one year of experience in this business.
Atagai needs a loan in the amount of WST $1,000 to purchase a new sewing machine. She plans to use the profit from her business (estimated to be 350 talas or US $146 per week) to improve and expand the business.
Atagai and her husband have one child.
Atagai joined SPBD earlier this year in order to gain access to financial services. Most of SPBD's clients are unable to borrow from commercial banks because they lack collateral. This is Atagai's first loan with SPBD.
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.