Temukisa Atoaga


Status: Paying Back

$1,150.00   Loan Amount
15% repaid

About the Entrepreneur

Name: Temukisa Atoaga
Location: Leualesi, Leauvaa, Samoa
Activity: Agriculture

About the Loan

Loan Amount: $1,150.00
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 4, 2009
Date Disbursed: Sep 4, 2009
Date Funded:Oct 6, 2009

About the Country

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



Temukisa Atoaga is a 48 year-old woman living in the town of Leualesi Leauvaa. She is married and has 7 children adult -aged children. To make a living, Temukisa 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. Temukisa has been engaged in this business for over 5 years and earns approximately $550 WST a month from these activities.

In 2003, Temukisa joined SPBD to gain access to financial services to help improve her living situation and ability to engage in business activities. Temukisa has successfully repaid a previous loan of $2750 WST from SPBD. This previous loan was used to purchase land to raise additional crops. Temukisa is now requesting a new loan of $2950 WST which will be used to purchase fertilizers such as manure. The loan will be the 7th loan taken out by the borrower from SPBD. Temukisa 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 Temukisa Atoaga


Loan has been disbursed
 
Entrepreneur: Temukisa Atoaga
Location: Leualesi, Leauvaa, Samoa

Thank you for your loan. It has been disbursed to Temukisa Atoaga 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 Leualesi, Leauvaa, Samoa
Oct 7, 2009
Comment on this entry

Kiva Help Repayment Schedule for Temukisa Atoaga

  Expected Repayments Actual Repayments Comments
December 2009 $176.92 $176.92 Repayment Received
January 2010 $88.46 Available Jan 1  
February 2010 $110.58 Available Feb 1  
March 2010 $88.46 Available Mar 1  
April 2010 $88.46 Available Apr 1  
May 2010 $110.57 Available May 1  
June 2010 $88.46 Available Jun 1  
July 2010 $88.46 Available Jul 1  
August 2010 $110.58 Available Aug 1  
September 2010 $88.46 Available Sep 1  
October 2010 $88.46 Available Oct 1  
November 2010 $22.13 Available Nov 1