Tauala S. is a 55 -year-old woman. She lives in the town of Sataoa C. She has 11 adult -aged children. To make a living, Tauala owns & operates a business venture. The business operates in the agriculture sector. The main purpose of the business is raising crops. While not the only means for generating revenue, the main source of income for the business comes primarily from planting & harvesting taro for S.. Tauala has been engaged in this business for over 6 years. From these activities, Tauala earns approximately 500 WST a month.
In 2006, Tauala joined SPBD to gain access to financial services to help improve her living situation and ability to engage in business activities. Taula had a previous loan loan from SPBD which was used to purchase additional seeds, seedlings & young crops to raise. She is now requesting a loan of 1000 WST. The current loan will be used to purchase additional seeds, seedlings & young crops to raise. The loan will be the 7th loan taken out by the borrower from SPBD. Tauala plans to use the additional revenue generated from the business to pay the tuition fees of the borrower's children.
SPBD's mission is to improve the quality of life of people living in poverty in the poor island nations of the South Pacific. SPBD's philosophy of lending is based on a respect for each individual's innate human ingenuity, drive and self esteem.
*Note: To maximize efficiency and reduce costs, this loan was posted using a template to automate the translation by Kiva. Given that manual translation of entrepreneur profiles is costly, Kiva created this template for our Field Partner to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders.
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.