Elisapeta Liuatu


Status: Paying Back

$600.00   Loan Amount
9% repaid

About the Entrepreneur

Name: Elisapeta Liuatu
Location: Matatufu, Samoa
Activity: Farming

About the Loan

Loan Amount: $600.00
Loan Use: To purchase fertilizers such as manure
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 3, 2009
Date Disbursed: Sep 24, 2009
Date Funded:Oct 4, 2009

About the Country

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



Elisapeta Liuatu's main source of income comes from planting and harvesting bananas for sale. She is a 54-year-old woman living in the town of Matatufu. Elisapeta is married and has five adult children. She has just started this business and earns approximately 400 talas a month.


Elisapeta joined SPBD to gain access to financial services to help improve her living conditions and enable her to engage in business activities. Elisapeta has successfully repaid a previous loan of 1750 talas from SPBD. This previous loan was used to purchase fertilizers such as manure. Elisapeta is now requesting a new loan of 1500 talas which will be used to purchase fertilizers such as manure. This will be her fourth loan from SPBD. Elisapeta plans to use the additional revenue to improve and 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 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 Elisapeta Liuatu


Loan has been disbursed
 
Entrepreneur: Elisapeta Liuatu
Location: Matatufu, Samoa

Thank you for your loan. It has been disbursed to Elisapeta Liuatu 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 Matatufu, Samoa
Oct 5, 2009
Comment on this entry

Kiva Help Repayment Schedule for Elisapeta Liuatu

  Expected Repayments Actual Repayments Comments
December 2009 $57.70 $57.70 Repayment Received
January 2010 $57.70 Available Jan 1  
February 2010 $46.16 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 $57.70 Available Jul 1  
August 2010 $46.16 Available Aug 1  
September 2010 $46.16 Available Sep 1  
October 2010 $57.70 Available Oct 1  
November 2010 $34.54 Available Nov 1