Taimoe is a 43-year-old woman who is married with four children. She has a small auto shop business. She has been with this business for five years. Taimoe needs a loan to buy tools, heavy duty machines, and car paint. She will use her profits to renovate her house. Taimoe 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.