Faateaina is a 29-year-old married woman with 4 children. She makes and sells pancakes in her community to earn a living. She has many years of experience with this business.
Faateaina needs a loan to buy a bag of flour, sugar, baking powder and oil. She plans to use her profits to support her family members and pay for her children's fees. Faateaina has been a member of SPBD since 2012.
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.