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Apr 25, 2016 2:52 EST

Samoa – South Pacific Business Development: Tuli has requested a loan to buy screen wire (green-house), pots plants, rakes, watering hose, chemicals, seeds, fertilizer, and barbed wire

iCrowdNewswire - Apr 25, 2016

Tuli

Leauvaa, Samoa Agriculture | Farming
 
Tuli
 
 
Tuli is 53 years old and married with 7 children. She has a plantation where she grows taro, bananas, vegetables, and corn which she sells in her community or at the market to earn a living. She has been doing this for 10 years.

Tuli has requested a loan to buy screen wire (green-house), pots plants, rakes, watering hose, chemicals, seeds, fertilizer, and barbed wire. She has been a member of SPBD since 2011.

Tuli will use the profits from her sales to pay for her family’s weekly expenses.

Additional Information

More information about this loan

This loan is part of SPBD’s new SME (small and medium-sized enterprises) loan program. The goal is to serve the “missing middle,” a group of borrowers that requires loan amounts too large for typical microfinance, but is still seen as too risky by commercial institutions. In addition to credit, SPBD also provides in-depth training to help entrepreneurs successfully scale their businesses.

About SPBD

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.

Contact Information:

Tuli

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