Taumaloto is 55 years old, married, and has six children. She has a small garden where she grows taro, bananas and yams, which she sells in her community or at the market. She has been doing this for four years.
Taumaloto needs a loan to buy a new wheelbarrow, a shovel, a rake, some bush knives, a weedkiller spray, and more tiapula. She is a new member of SPBD this year. Taumaloto will use the profits from her sales to improve her family assets.
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.