Toeafe is a young, single mother. In order to support herself and her child, she opened a shop directly after she finished school. Her shop is a small general store in her tiny Samoan village, providing the basics to the villagers. She can earn a steady income stream from her shop, and she takes half of the money from her sales and deposits it into her savings account. She uses the savings as needed to reinvest in her business and to save for her child’s future.
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.