Teu Fonoti


Status: Paid Back

$300.00   Loan Request
$300.00   Paid Back

About the Entrepreneur

Name: Teu Fonoti
Location: Vaitele, Samoa
Activity: Food Production/Sales

About the Loan

Loan Amount: $300.00
Loan Use: Buying ingredients needed for the business.
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Sep 19, 2007
Date Disbursed: Oct 3, 2007
Date Funded:Sep 19, 2007
Loan Ended:May 15, 2009

About the Country

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



Teu Fonoti is 65 years old, and has five children. She is currently supporting her family and herself through the earnings from her business and her pension. Most of her children have now left and have started their own families, but she and her husband are still together. Teu has used a previous loan of $300 to lift her business off the ground and begin selling pancakes. Teu enjoys the prospect of working once more, and wishes to be active, not only as a mother and wife, but also as an entrepreneur.

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Lenders to this entrepreneur

Leo
bethlehem, NH
United States

Anonymous
Tacoma, WA
United States

Frederick
Somerville, MA
United States

BMIGaming.Com
Boca Raton, FL
United States

Adam
Belmont, MA
United States

Jay & Donna
Marietta, GA
United States

Rebecca
New York, NY
United States

Mark
Chicago, IL
United States

John
South Hill, WA
United States

James
New York, NY
United States



Journal entries for Teu Fonoti


Loan has been disbursed
 
Entrepreneur: Teu Fonoti
Location: Vaitele, Samoa

Thank you for your loan. It has been disbursed to Teu Fonoti by South Pacific Business Development in Samoa. We are excited to watch this business grow. Over the next 18 - 24 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 Vaitele, Samoa
Nov 8, 2007
Comment on this entry

KIVA JOURNAL FOR TEU FONOTI
 
Entrepreneur: Teu Fonoti
Location: Vaitele, Samoa

Teu Fonoti is 45 years old and has 7 children. She is a member of Vaitele A1 center which is located in Western Upolu.

She paid off her loan in full, and she's no longer in the program, their center was closed down due to some internal problems with their members. She says that the Kiva loans and SPBD loans are not only helping her business grow, but also helping her pay her children’s school fees, feed her family better, and improve her housing.


Posted by Isabel Tuatagaloa from Vaitele, Samoa
Jan 16, 2009
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Kiva Help Repayment Schedule for Teu Fonoti

  Expected Repayments Actual Repayments Comments
January 2008 $16.67 $0.00 Repayment Received
February 2008 $16.67 $17.00 Repayment Received
March 2008 $16.67 $17.00 Repayment Received
April 2008 $16.67 $0.00 Repayment Received
May 2008 $16.67 $17.00 Repayment Received
June 2008 $16.67 $34.00 Repayment Received
July 2008 $16.67 $17.00 Repayment Received
August 2008 $16.67 $17.00 Repayment Received
September 2008 $16.67 $0.00 Repayment Received
October 2008 $16.67 $34.00 Repayment Received
November 2008 $16.67 $0.00 Repayment Received
December 2008 $16.67 $0.00 Repayment Received
January 2009 $16.67 $63.71 Repayment Received
February 2009 $16.67 $16.67 Repayment Received
March 2009 $16.67 $16.67 Repayment Received
April 2009 $16.67 $16.67 Repayment Received
May 2009 $16.67 $16.67 Repayment Received
June 2009 $16.61 $16.61 Repayment Received