Ulaula Gatai


Status: Paying Back

$1,050.00   Loan Amount
15% repaid

About the Entrepreneur

Name: Ulaula Gatai
Location: Fusi Saoluafata, Samoa
Activity: Farming

About the Loan

Loan Amount: $1,050.00
Loan Use: To invest in expanding her business
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 1, 2009
Date Disbursed: Sep 3, 2009
Date Funded:Oct 2, 2009

About the Country

Country:Samoa
Avg Annual Income:$6,344.00
Currency:Samoa Tala (WST)
Exchange Rate:2.6726 WST = 1 USD



Ulaula Gatai (0) is a 34-year-old woman living in the town of Fusi Saoluafata. She is married and has three infant children.

Ulaula owns and operates a business raising crops, primarily planting and harvesting taro for sale. She has been engaged in this business for over four years and earns approximately 500 WST a month.

In 2005, Ulaula joined SPBD to gain access to financial services to help improve her living situation and her ability to engage in business activities. She has successfully repaid a previous loan of 2,100 WST from SPBD. This previous loan was used to invest in expanding her business.

Ulaula is now requesting a new loan of 2,800 WST which will again be used to invest in expanding her business. The loan will be her 4th from SPBD. She plans to use the additional revenue generated from the business to improve the general living conditions of her family.


About SPBD:
SPBD's mission is to improve the quality of life of people living in poverty in the poor island nations of the South Pacific. SPBD's philosophy of lending is based on a respect for each individual's innate human ingenuity, drive and self-esteem.


*Note: To maximize efficiency and reduce costs, this loan was posted using a template to automate the translation by Kiva. Given that manual translation of entrepreneur profiles is costly, Kiva created this template for our Field Partner to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders.


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Journal entries for Ulaula Gatai


Loan has been disbursed
 
Entrepreneur: Ulaula Gatai
Location: Fusi Saoluafata, Samoa

Thank you for your loan. It has been disbursed to Ulaula Gatai by South Pacific Business Development (SPBD) in Samoa. We are excited to watch this business grow. Over the 11 months of this loan, South Pacific Business Development (SPBD) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Fusi Saoluafata, Samoa
Oct 3, 2009
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Kiva Help Repayment Schedule for Ulaula Gatai

  Expected Repayments Actual Repayments Comments
December 2009 $161.55 $161.55 Repayment Received
January 2010 $100.97 Available Jan 1  
February 2010 $80.77 Available Feb 1  
March 2010 $80.78 Available Mar 1  
April 2010 $80.77 Available Apr 1  
May 2010 $100.97 Available May 1  
June 2010 $80.78 Available Jun 1  
July 2010 $100.97 Available Jul 1  
August 2010 $80.77 Available Aug 1  
September 2010 $80.78 Available Sep 1  
October 2010 $100.89 Available Oct 1