Faafetai is 56 years old and married, with seven children. She owns and operates a small store, selling items such as snacks and drinks. She has been doing this for three years.
Faafetai needs a loan to purchase more goods and products to restock her canteen. She hopes to use her profits to help her improve her business and also meet her family needs. She became a member of SPBD in 2010 to gain access to capital for 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.