Taualofa is 62 years old and married with 13 children. She runs a small business selling ocean-caught fish in her community and has been doing this for many years. Taualofa has requested a loan to buy a fishing net, swimming shoes, eagle claw, etc. She joined SPBD in 2008 to gain access to capital. With her earnings, Taualofa will save some of her profits and use some 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.