Loimata is a 40-year-old married woman with three children. For many years, she has been growing bananas, yams, taro, and other crops to earn a living. Loimata has been a member of SPBD since 2012.
Loimata is requesting a loan to buy chemicals for her farm along with nails, iron roofing materials, and cement to improve her home. She hopes to use the profit from her loan to help with her children’s education.
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.