Talaave is 32 years old and married with three children. She owns and operates a small plantation planting and harvesting taro for sale, and she has two years of experience in this business.
Talaave needs a loan of 1,500 WST to purchase general farm supplies and equipment. She plans to use the profit from her business (an estimated 350 WST per week) to financially support immediate members of her family.
In 2011, Talaave joined SPBD to gain access to financial services, and this is her second loan with the company. Most of SPBD's clients are unable to borrow from commercial banks because they lack collateral.
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.