Faalata is 25 years old, single with no children. She runs a small business selling cabbages and tomatoes in her community. She has been in business for two years. Faalata has requested a loan to buy a rake, gloves, a wheelbarrow and water hose for her business. She joined SPBD in 2012 to gain access to capital. With her earnings, Faalata will save her profit to help with her family expenses.
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.