Valasi is a 59-year-old married woman with ten children. She sells taro, bananas and yams in her community to earn a living. She has three years of experience with this business. Valasi needs a loan to buy new chemicals, knives, an ax, a chainsaw, a wheelbarrow, etc., for her business. She plans to use her profits to expand her house. Valasi has been a member of SPBD since 2008.
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.