Faalo is a twenty-six-year-old married woman with three children. She has a small plantation and grows bananas and taro to earn a living. She has been doing this for a year.
Faalo has requested a loan to buy manure chemical, a spade, a bush knife and barbed wire. She became a member of SPBD in 2012. With her profits, Faalo hopes to start a good plantation to help her family as well as the kids education.
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.