Epenesa is 53 years old. She is married and has six children. Epenesa is starting a business venture, planting and harvesting taro to sell.
Epenesa is requesting a loan of 1,000 WST in order to purchase herbicides such as Gramoxome. She plans to use the profit from her business (estimated to be 600 WST per week) to improve and/or expand her business.
In 2011, Epenesa joined SPBD in order to gain access to financial services. Most of SPBD's clients are unable to borrow from commercial banks because they lack collateral. This is Epenesa's first loan with SPBD.
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.