Failagi is a 45-year-old married woman with five children. She has a small plantation and grows taro plants and banana trees to earn a living. She has been doing this for two years.
Failagi has requested a loan to buy chemicals and some equipment for the good of her business.
She has been a member of SPBD since 2011. With her profits, Failagi hopes to expand her business in the future and to save more money for her children’s 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.