Feiloaiga is 68 years of age and is married with one child.
Feiloaiga owns and operates a business venture, selling lavalavas (bottom-half wrap-around prints worn by both men and women). She has one year of experience in this business. Feiloaiga needs a loan of 1,000 tala (WST) to purchase additional fabrics and materials. She plans to use the profit from her business (estimated to be 400 talas or US $167 per week) to improve/expand the business.
In 2012, Feiloaiga 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 Feiloaiga's first 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.