Paula Tanuvasa


Status: Paying Back

$600.00   Loan Amount
9% repaid

About the Entrepreneur

Name: Paula Tanuvasa
Location: Alamutu, Samoa
Activity: Food Production/Sales

About the Loan

Loan Amount: $600.00
Loan Use: To purchase raw ingredients needed to make products for sale
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 20, 2009
Date Disbursed: Sep 25, 2009
Date Funded:Oct 21, 2009

About the Country

Country:Samoa
Avg Annual Income:$6,344.00
Currency:Samoa Tala (WST)
Exchange Rate:2.5806 WST = 1 USD



Paula Tanuvasa is a 39-year-old woman living in the town of Alamutu E. She is married and has three school-aged children. To make a living, Paula owns & operates a business selling fried foods in the local community. Paula has been engaged in this business for over three years and earns approximately 400 WST a month from these activities.

Paula joined SPBD to gain access to financial services to help improve her living situation and ability to engage in business activities. Paula has successfully repaid a previous loan of 750 WST from SPBD. This previous loan was used to purchase raw ingredients needed to make products for sale. Paula is now requesting a new loan of 1500 WST which will be used to purchase raw ingredients needed to make products for sale. The loan will be the third loan taken out by Paula from SPBD. Paula plans to use the additional revenue generated from the business to improve/expand her 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 Paula Tanuvasa


Loan has been disbursed
 
Entrepreneur: Paula Tanuvasa
Location: Alamutu, Samoa

Thank you for your loan. It has been disbursed to Paula Tanuvasa 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 Alamutu, Samoa
Oct 22, 2009
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Kiva Help Repayment Schedule for Paula Tanuvasa

  Expected Repayments Actual Repayments Comments
December 2009 $57.70 $57.70 Repayment Received
January 2010 $46.16 Available Jan 1  
February 2010 $57.70 Available Feb 1  
March 2010 $46.16 Available Mar 1  
April 2010 $46.16 Available Apr 1  
May 2010 $57.70 Available May 1  
June 2010 $46.16 Available Jun 1  
July 2010 $46.16 Available Jul 1  
August 2010 $57.70 Available Aug 1  
September 2010 $46.16 Available Sep 1  
October 2010 $46.16 Available Oct 1  
November 2010 $46.08 Available Nov 1