Lolelai Luatua


Status: Paid Back

$500.00   Loan Request
$500.00   Paid Back

About the Entrepreneur

Name: Lolelai Luatua
Location: Faatoia, Samoa
Activity: Services

About the Loan

Loan Amount: $500.00
Loan Use: To buy petrol, oil, and other supplies for her lawn-mowing business
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Oct 19, 2007
Date Disbursed: Nov 4, 2007
Date Funded:Oct 21, 2007
Loan Ended:Jun 20, 2009

About the Country

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



Lolelai is 32 years of age, married and has six children. She joined this Program last year when she needed help for her business. She runs a lawn mowing business and is requesting a loan to buy petrol, oil and other supplies to earn more income.

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Journal entries for Lolelai Luatua


Loan has been disbursed
 
Entrepreneur: Lolelai Luatua
Location: Faatoia, Samoa

Thank you for your loan. It has been disbursed to Lolelai Luatua 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 from Faatoia, Samoa
Nov 4, 2007
Comment on this entry

Jorunal for Lolelai Luatua
 
Entrepreneur: Lolelai Luatua
Location: Faatoia, Samoa

Lolelai Luatua is 46 years old and has 7 children. She is a member of Faatoia C center which is located in Upolu. She has lawn mower business, which she has been engaged in for 5 years. The loan officer who is in charge of her center says Lolelai is a very good member. She repays her loan on time, always attends her weekly meetings, and is enthusiastic about expanding her business.

She has used her previous loan to purchase New lawn mower for her business. She says her business is doing well. On good days she makes 230 Tala a day (1Tala=0.4USD) and on bad days she makes 120 Tala a day. She also 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.

When asked if she has any words to the Kiva lenders, she said “My business has gone pretty well. I have bought some new equipment and some few tools to help out the business grow faster. Without the support from SPBD financially its actually my business will no longer exist.”


Posted by Isabel Tuatagaloa from Faatoia, Samoa
Jan 16, 2009
Comment on this entry

Kiva Help Repayment Schedule for Lolelai Luatua

  Expected Repayments Actual Repayments Comments
February 2008 $27.78 $28.00 Repayment Received
March 2008 $27.78 $28.00 Repayment Received
April 2008 $27.78 $28.00 Repayment Received
May 2008 $27.78 $28.00 Repayment Received
June 2008 $27.78 $28.00 Repayment Received
July 2008 $27.78 $28.00 Repayment Received
August 2008 $27.78 $28.00 Repayment Received
September 2008 $27.78 $28.00 Repayment Received
October 2008 $27.78 $28.00 Repayment Received
November 2008 $27.78 $28.00 Repayment Received
December 2008 $27.78 $28.00 Repayment Received
January 2009 $27.78 $25.36 Repayment Received
February 2009 $27.78 $27.78 Repayment Received
March 2009 $27.78 $27.78 Repayment Received
April 2009 $27.78 $27.78 Repayment Received
May 2009 $27.78 $27.78 Repayment Received
June 2009 $27.78 $27.77 Repayment Received
July 2009 $27.74 $27.75 Repayment Received