Tinei is 46 years of age and married with eight children. Tinei owns and operates a business venture, planting and harvesting taro for sale. She has 3 years of experience in this business. Tinei needs a loan of 1950 Samoa tala (WST) to hire more workers (at about WST 20/day). She plans to use the profit from her business (estimated to be 350 tala or US $146 per week) to pay for her children's tuition fees.
In 2009, Tinei joined SPBD to gain access to financial services. Most of SPBD's clients are unable to borrow from commercial banks, because they lack collateral. This is Tinei's third 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.