Taimoe is 42 years old and is married with eight children. Taimoe owns and operates a business venture, planting and harvesting taro for sale. She has four years of experience in this business. Taimoe needs a loan of 1800 WST to purchase weed-killers such as Gramoxone. She plans to use the profit from her business (estimated to be 400 talas or $167 per week) to pay for her children's tuition fees.
In 2009, Taimoe 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 Taimoe'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.