Asenati Mulipola


Status: Paying Back

$400.00   Loan Amount
23% repaid

About the Entrepreneur

Name: Asenati Mulipola
Location: Foaluga Savaii, Samoa
Activity: Agriculture

About the Loan

Loan Amount: $400.00
Loan Use: to purchase general farm supplies & equipment
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 1, 2009
Date Disbursed: Aug 7, 2009
Date Funded:Oct 1, 2009

About the Country

Country:Samoa
Avg Annual Income:$6,344.00
Currency:Samoa Tala (WST)
Exchange Rate:2.5940 WST = 1 USD



"Asenati Mulipola (0) is a 42-year-old woman living in the town of Foaluga. She is married and has 2 school-aged children. To make a living, Asenati owns & operates a business venture in the agriculture sector raising crops. While not the only means for generating revenue, the main source of income for the business comes primarily from planting & harvesting fruits & vegetables for sale. Asenati has been engaged in this business for over 2 years and earns approximately 200 WST a month from these activities.

In 2009, Asenati joined SPBD to gain access to financial services to help improve her living situation and ability to engage in business activities. Asenati is requesting for the first time a loan from SPBD. Asenati is now requesting a new loan of 1000 WST which will be used to purchase general farm supplies & equipment. The loan will be the 1st loan taken out by the borrower from SPBD. Asenati plans to use the additional revenue generated from the business to improve/expand the borrower's business.

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 Asenati Mulipola


Loan has been disbursed
 
Entrepreneur: Asenati Mulipola
Location: Foaluga Savaii, Samoa

Thank you for your loan. It has been disbursed to Asenati Mulipola 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 Foaluga Savaii, Samoa
Oct 2, 2009
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Kiva Help Repayment Schedule for Asenati Mulipola

  Expected Repayments Actual Repayments Comments
December 2009 $92.30 $92.30 Repayment Received
January 2010 $30.77 Available Jan 1  
February 2010 $38.46 Available Feb 1  
March 2010 $30.77 Available Mar 1  
April 2010 $30.77 Available Apr 1  
May 2010 $38.46 Available May 1  
June 2010 $30.77 Available Jun 1  
July 2010 $30.76 Available Jul 1  
August 2010 $38.46 Available Aug 1  
September 2010 $30.77 Available Sep 1  
October 2010 $7.71 Available Oct 1