Falefou is a 25-year-old single woman. She has a small plantation and grows banana and taro to earn a living. She has been doing this for two years.
Falefou has requested a loan to buy new farming resources.
This is her third loan with SPBD. With her profits, Falefou hopes to look for another business.
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.