Laumata is a 51-year-old married woman with six children. She would like to start growing taro, bananas, yams and taamu (a root vegetable) to earn a living. Laumata has requested a loan to buy chemicals, a weed sprayer, bush knives and a spade. Laumata will spend her profits to extend her business.
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.