Tafaoga is 29 years of age and is married, with three children.
Tafaoga owns and operates a business venture, planting and harvesting taro for sale. She has many years of experience in this business. Tafaoga needs a loan of WST 2,000 to purchase additional seeds, seedlings, and young crops to raise. She plans to use the profit from her business (estimated to be WST 750, or US $313 per week) to improve/expand the business.
Tafaoga 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 Tafaoga'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.