Mimita is 30 years old, married and the mother of four children. She has a small plantation where she earns a living by growing taro and bananas. She has been doing this for more than five years, and is requesting a loan to buy a shovel, chemicals, a weed sprayer, a new wheel barrow and wire. Mimita joined SPBD earlier this year and plans to use the increased income she will earn to support her family.
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.