Taimalie is 38 years old with six children she loves very much. She has always spent a lot of time making clothes for her family and friends, and she noticed that locals were seeking her out to make and tailor clothes for them. Taking the initiative to capitalize on this demand for her talents, Taimalie used an initial SPBD loan to set up a proper sewing business. She can earn up to ST 150 (approximately USD 58) per day with her sewing; without this modest income, Taimalie couldn’t provide for the basic needs of her large family. Taimalie is confident that she can grow her business yet further and is seeking an additional loan to make necessary repairs to her sewing machine and purchase some higher quality materials and equipment.
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.