Laki is a 40-year-old mother of four children. Laki works hard to support her family by selling coconut water (locally referred to as a Niu drink). In Samoa, cracking a coconut and sticking a straw in it to drink the water is a favorite refreshment. Laki buys fresh coconuts from local villagers, and then she transports the coconut supply across the Samoan countryside to sell to hotels and in the larger Samoan markets. Laki is anxious to continue to offer the best service possible and ensure a consistent supply, so she is applying for a small loan to help her do this. Laki knows that with the South Pacific Games coming to Samoa later in the year, coconuts at hotels and markets will be in even larger demand. So she is anxious to keep investing in her business so that she can meet this large demand later in the year.
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.