Faauluuluga T. T. S. is 29, married, and has three children. She owns a business venture planting and harvesting fruits and vegetables for sale. Faauluuluga has two years of experience in this business. She is requesting a loan of 1,000 WST to purchase general farm supplies and equipment. She plans to use the earnings from her business (estimated to be 320 WST per week) to improve and expand her business.
Faauluuluga joined Kiva partner, SPBD, in 2010, and this is her first loan. SPBD's loans are Faauluuluga's only access to capital because she was never able to qualify for a loan with traditional banks.
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.