Page 36 - IB March 2021

SPBD SPBD

SPBD RELEASES TC YASA LOANS

South Pacific Business Development Fiji has launched its TC 78% reported losses to their main income sources.
Yasa Rehabilitation Loan Programme, with 361 loans totalling The loans range from $1000 to $2500, and they will be con-
$1.22 million processed in the first release. solidated with any existing loans.
The loans were handed over in Labasa and Savusavu in Amongst the loan recipients attending the Savusavu cer-
ceremonies late last month. emony was a contingent of members from Rabi. Read their
More than half of SPBD’s members in the Northern Division stories below.
reported damages to their homes as a result of TC Yasa, and

Raua Tiam
Raua Tiam is a member of the South Pacific Business Development
(SPBD) Nadoi Centre, joining “the day it started in Rabi.” The 64 years
old runs a canteen, which she opened last year.
When Tropic Cyclone Yasa struck Fiji it destroyed part of her home,
and the extension she used for her campaign. She plans to use the TC
Yasa loan she secured this year to repair both buildings.
“I thank SPBD for giving me another chance, for giving me this loan
which is going to help me a lot during this time.”
Raua says SPBD has enabled her to “start a business, to earn a good
living, you know. The kind of service SPBD gives for my business, it’s
hard to get anywhere else.”
She says it has also taught her many things: “How to save money.
How to manage money. Before SPBD, I used to use it anyhow. Now, I
will be able to do some savings.”
Raua says the biggest challenge with her business is getting canteen
supplies from Savusavu and transporting them to Rabi.
“SPBD helped me start my business and that is one of my proudest
moments with them. They helped me earn my own money. If I get sick
and I want to go to the hospital, I can use my savings to take me there.
It’s very helpful.”
Her ambitions for the future? “I want my business to be successful so
that I will have a lot of savings and be able to extend my house. And
later on, I plan to buy a car to help me get around easily, especially if I
need to go to the hospital because it’s far from where I live.”

Lucian Reiher
60-year-old Lucian Reiher lives by the sea. When TC Yasa came,
waves entered her house and destroyed some of her belongings, badly
affecting her business.
Lucian has been with the SPBD’s Nuku Centre in Rabi for about two
years. She sells tobacco and also sews.
She plans to use the TC Yasa loan for home improvements. “My sew-
ing machine is not working anymore so I am going to get a new one.”
Lucian says her initial SPBD loan “helped me establish my businesses
and improved my family’s standard of living. I am also able to give
back to my family and my community.”
Like many SPBD Rabi members, her biggest challenge is the travel
back and forth from Rabi by boat “to get the things needed to keep
the businesses flowing. The boat goes only once a week from Rabi. If
it’s full or if I miss it this week, then I will have to wait for the next
trip.”
Lucian hopes her business will enable her to “make enough sav-
ings to extend our house, pay for my children’s education and other
things.”

36 Islands Business, March 2021