Falanika is a 38-year-old woman who in a de facto relationship and has three children. She has a small garden where she grows taro (a root crop), taamu (a large root vegetable), yams, and bananas to sell in her community. She has 3 years of experience with this business.
Falanika has requested a loan to buy more tiapula, a shovel, some bush knives, a rake, axe, and filing with some fertilizer for her plantation. She plans to use her profits to improve her family assets. She has been a member of SPBD since 2009.
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.