Paileulu is a 39-year-old woman who is married with five children. She makes and sells coconut biscuits. To earn extra income, she also has a taro plantation.
Paileulu needs a loan to buy chemicals, fertilizer, a wheelbarrow, sacks of flour, sugar, coconut and dripping oil. She will use her profits to support her family. Paileulu joined SPBD in 2007 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.