Iasinta, 62, is married with seven children. She has a small taro (a root vegetable) and banana plantation. To earn extra income, she also has an iced cake business.
Iasinta needs a loan to buy a backpack sprayer, barbed wire and chemicals as well as cordial, foam cups, a sack of sugar and Chinese lollies (sweets). She will use her profits to help with her family’s daily needs.
Iasinta joined South Pacific Business Development in 2012 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.