Foketi Siosefa


Status: Paid Back

$800.00   Loan Request
$800.00   Paid Back

About the Entrepreneur

Name: Foketi Siosefa
Location: Vaiusu, Samoa
Activity: Personal Products Sales

About the Loan

Loan Amount: $800.00
Loan Use: “Buy frames, paints, materials, x-saw and kofi for the carving”
Repayment Term: 16 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Sep 4, 2007
Date Disbursed: Sep 18, 2007
Date Funded:Sep 4, 2007
Loan Ended:Dec 16, 2008

About the Country

Country:Samoa
Avg Annual Income:$6,344.00
Currency:United States Dollars (USD)



Foketi is one of the young ladies that join SPBD last year. Her business is making handicrafts such as earrings for the ladies, bracelets, hair accessories and picture frames already designed with different styles. Foketi sells her products at the flea market at Fugalei, which is preferable because more income can be earned here than anywhere else. She started last year with a loan of $750 and now she is on her second loan of $1250. She sells her products throughout the week opening seven days from six o’clock in the morning to five o’clock in the evening earning $800 a day. After deducting all her expenses, she earns about four hundred to five hundred profit a day and about two thousand to two thousand and eighty tala a week. She is looking forward to supply more in the following week of the South Pacific Games.

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Lenders to this entrepreneur

Siobhan
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Codie
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Lizella
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Anonymous
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caroline
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Cassedy
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Margaret
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Patty
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linda from Indiana
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Denise
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Anonymous
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Sandra
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Jackie
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jonathan
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Jane
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Anonymous
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Karen
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Mary Ann
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Anonymous
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betty
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Kimberly
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Cheri
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Julie
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Kristin
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Lady Cunegonde
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Mark
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April
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Brenda
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fabrizio
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Laura
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Journal entries for Foketi Siosefa


Loan has been disbursed
 
Entrepreneur: Foketi Siosefa
Location: Vaiusu, Samoa

Thank you for your loan. It has been disbursed to Foketi Siosefa by South Pacific Business Development in Samoa. We are excited to watch this business grow. Over the next 14 - 20 months, South Pacific Business Development will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Team Editing from Vaiusu, Samoa
Oct 8, 2007
Comments (2)

KIVA JOURNAL FOR FOKETI SIOSEFA
 
Entrepreneur: Foketi Siosefa
Location: Vaiusu, Samoa

Foketi Siosefa is 27 years old and has 2 children. She is a member of Vaiusu T center which is located in Southern Upolu. The loan officer who is in charge of her center says Foketi is a very good member.

She has used her loans to purchase for her business. She is an inactive member member of the centre now and she already paid off her loan successfully.


Posted by Isabel Tuatagaloa from Vaiusu, Samoa
Jan 13, 2009
Comment on this entry

Kiva Help Repayment Schedule for Foketi Siosefa

  Expected Repayments Actual Repayments Comments
December 2007 $57.14 $0.00 Repayment Received
January 2008 $57.14 $58.00 Repayment Received
February 2008 $57.14 $58.00 Repayment Received
March 2008 $57.14 $58.00 Repayment Received
April 2008 $57.14 $0.00 Repayment Received
May 2008 $57.14 $58.00 Repayment Received
June 2008 $57.14 $116.00 Repayment Received
July 2008 $57.14 $58.00 Repayment Received
August 2008 $57.14 $58.00 Repayment Received
September 2008 $57.14 $0.00 Repayment Received
October 2008 $57.14 $116.00 Repayment Received
November 2008 $57.14 $0.00 Repayment Received
December 2008 $57.14 $0.00 Repayment Received
January 2009 $57.18 $220.00 Repayment Received