Emi is a 21-year-old woman living in the town of Asau. She is single and has one infant-aged child. To make a living, Emi owns & operates a business venture in the agriculture sector raising crops. While not the only means for generating revenue, the main source of income for the business comes from planting & harvesting taro for sale. Emi has been engaged in this business for over five years and earns approximately 1,200 WST a month from these activities.
In 2011, Emi joined SPBD to gain access to financial services to help improve her living situation and her ability to engage in business activities. Emi is requesting a loan for the first time from SPBD. The loan of 1,000 WST will be used to purchase general farm supplies & equipment. Emi 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.