Ake Petelo

Status: Paid Back

$300.00		Loan Request
$300.00		Paid Back

About the Entrepreneur

Name:	Ake Petelo
Location:	Lalotoa Leauvaa, Samoa
Activity:	Food Production/Sales

About the Loan

Loan Amount:	$300.00
Loan Use:	To start up with her chips business
Repayment Term:	16 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	N/A
Date Listed:	Sep 6, 2007
Date Disbursed:	Sep 21, 2007
Date Funded:	Sep 7, 2007
Loan Ended:	Dec 16, 2008

About the Field Partner

Field Partner:

South Pacific Business Development (SPBD)

Field Partner Risk Rating:

(Learn more)

Active

39 months

3813

$2,112,625

0.00%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

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

Married with 8 children, at the age of 40, Ake is a very hardworking woman. Due to the demand, she has to make enough packets of chips. Most times, it is an early rise for her, to get things ready and good to go. She joined SPBD in May 2007 and is quite thankful for the assistance they have given. She is planning to build a proper place where she could cook and pack her chips.

Lenders to this entrepreneur

Vorderbrug Family
Hodag Territory, WI
United States

David Jay
Santa Barbara, CA
United States

Steve
New Haven, CT
United States

Randal
San Jose, CA
United States

Kyla
Lodi, CA
United States

ASHLEY
VENTURA, CA
United States

Martini
Deddington, Oxon
United Kingdom

Antoine
Durham, NC
United States

Susan
Ashburn, VA
United States

Heidi
Forest Lake, MN
United States

Emily's Family
Santa Barbara, CA
United States

Journal entries for Ake Petelo

Loan has been disbursed Entrepreneur: Ake Petelo Location: Lalotoa Leauvaa, Samoa Thank you for your loan. It has been disbursed to Ake Petelo 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 Lalotoa Leauvaa, Samoa Oct 8, 2007
Comment on this entry

KIVA JOURNAL FOR AKE PETELO Entrepreneur: Ake Petelo Location: Lalotoa Leauvaa, Samoa Ake Petelo is a 38 year old woman with 8 children living in Lalotoa Leauvaa. She has a chips business where she sells them to the people in the village, families and friends and at school. Ake has running her chips for more than 2 years now and her husband help with the work. She makes $250tala each week and she spends $140 tala each week on supplies of her equipment and things needed. She is requesting another loan to increase the output from her chips. Hopefully she will be able to double her profits to pay for her children’s school fees and reinvest in the business.She is a good member and she pays her payments on time.
Posted by Isabel Tuatagaloa from Lalotoa Leauvaa, Samoa Jan 13, 2009
Comment on this entry

Repayment Schedule for Ake Petelo

Show Advanced

	Expected Repayments	Actual Repayments	Comments
December 2007	$21.43	$0.00	Repayment Received
January 2008	$21.43	$22.00	Repayment Received
February 2008	$21.43	$22.00	Repayment Received
March 2008	$21.43	$22.00	Repayment Received
April 2008	$21.43	$0.00	Repayment Received
May 2008	$21.43	$22.00	Repayment Received
June 2008	$21.43	$44.00	Repayment Received
July 2008	$21.43	$22.00	Repayment Received
August 2008	$21.43	$22.00	Repayment Received
September 2008	$21.43	$0.00	Repayment Received
October 2008	$21.43	$44.00	Repayment Received
November 2008	$21.43	$0.00	Repayment Received
December 2008	$21.43	$0.00	Repayment Received
January 2009	$21.41	$80.00	Repayment Received