Faaaloalo is 43 years old and married with seven children. She runs a small business selling fish in her community and has been doing this for three years.
Faaaloalo has requested a loan to purchase more fishing gear and nets to expand her business. She joined SPBD in 2010 to gain access to capital. With her earnings, Faaaloalo will save for her kids education .
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.