Siiae is a 54-year-old woman living in the town of Samata Uta. She is married and has five adult children. To make a living, Siiae owns and operates a tailoring business. The main source of income for the business comes primarily from providing general alteration and tailoring services to local community members. Siiae has been engaged in this business for over three years and earns approximately 1,000 Samoa Tala (WST) a month from these activities.
In 2010, Siiae joined SPBD to gain access to financial services to help improve her living situation and ability to engage in business activities. Siiae has successfully repaid a previous loan of 1,000 WST from SPBD. This previous loan was used to purchase additional fabrics and materials. Siiae is now requesting a new loan of 1,500 WST, which will be used to purchase additional tailoring equipment such as needles and threads. This will be the second loan taken out by Siiae from SPBD. Siiae plans to use the additional revenue generated from the business to make improvements to her house.
Please note that the dates in the photos taken are wrong because it was a mistake made by our Loan Officers for not resetting the dates and years of the camera. I hope this won't happen again.
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.