Taei is a 44 year old woman who is married with 6 children. She runs a sewing business in her community. She has 5 years of experience in this business. Taei has requested a loan to purchase a new sewing machine and sewing related materials. She plans to use her profits to support her business and also her family and kids. She joined SPBD in 2009 to gain access to financial services.
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.