Faaiu is a 64-year-old married woman with four children. She has a small plantation and grows taro and bananas to earn a living. She has been doing this for many years. Faaiu has requested a loan to buy bush knives, a wheelbarrow, filings, chemicals and a new weed sprayer. She has been a member of SPBD since 2009. With her profits, Faaiu hopes to cultivate more land and grow more to earn more in the future.
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.