Elisa is 46 years old, married, and has four adult children. She lives in the town of Papa Puleia. To make a living, Elisa raises crops. While not the only means for generating revenue, the main source of income for the business comes primarily from planting and harvesting fruits and vegetables to sell. Elisa has been engaged in this business for over two years and earns approximately 800 WST a month.
In 2011, Elisa joined SPBD to gain access to financial services to help improve her living situation and ability to engage in business activities. Elisa is requesting her first loan for 1,000 WST, which she will use to purchase general farm supplies and equipment. Elisa plans to use the additional revenue generated from the business to improve and expand her business.
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.