Teina M. is a mother of five children and lives in the Samoan countryside far from town. She has a talent for weaving and weaves traditional Samoan mats. She weaves the fine mats that are used in special Samoan celebrations, such as weddings. Traditionally in Samoa, all women knew how to weave, but now Teina is a rarity. There is a strong market for her mats, and although it is very time-consuming and difficult work, she is able to sell these fine mats for good prices. Teina invests the time and diligence in her weaving in order to preserve the traditional Samoan craft and to provide for her large family. She plans to use the loan to buy weaving materials.
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.