Tuloto is 41 years old and married with no children.
Tuloto owns & operates a business venture planting & harvesting peanuts for sale. She has five years of experience in this business. Tuloto needs a loan of WST $2,200 to purchase general farm supplies & equipment. She plans to use the profit from her business (estimated to be 100 talas or US $42 per week) to make improvements to her house.
Tuloto 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 Tuloto's sixth 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.