Talosaga is a 48-year-old single man with no children. He makes and sells cooked noodles and donuts in his community to earn a living. He has 5 years of experience with this business. Talosaga needs a loan to buy more ingredients for use in his food stall. He plans to use the profits to continuing his business to provide for his daily needs. Talosaga has been a member of SPBD since 2013.
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.