Aveina is 48 years old, married and she has 4 children.
Aveina is starting a business venture, sewing and selling clothes to local community members. Aveina needs a loan of WST $2000 to purchase additional fabric & materials. She plans to use the profit from her business (estimated to be 450 talas or US $188 per week) to improve and expand her business.
In 2005, Aveina 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 Aveina's 6th 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.