Faaiuga is a 40-year-old widow with four children. She grows and sells cabbages, cucumbers and other items in her community to earn a living. She has many years of experience with this business. Faaiuga needs a loan to buy new equipment for her business. She plans to use her profits to help with her family’s everyday needs. Faaiuga 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.