Korina Aiolupo


Status: Paid Back

$300.00   Loan Request
$300.00   Paid Back

About the Entrepreneur

Name: Korina Aiolupo
Location: Vaitele, Samoa
Activity: Food Production/Sales

About the Loan

Loan Amount: $300.00
Loan Use: To buy supplies for her ice-cake business
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 7, 2007
Date Disbursed: Nov 22, 2007
Date Funded:Nov 8, 2007
Loan Ended:Jun 24, 2009

About the Country

Country:Samoa
Avg Annual Income:$6,344.00
Currency:Samoa Tala (WST)
Exchange Rate:2.6702 WST = 1 USD



Korina is married with six kids that are all living together in one place with just two of them working. She had applied for a $300USD loan which was used to buy the ingredients such as cordials, sugar and plastic bags for her ice-cake business . She sells them at school five days per week and in the village every day. She earns $45ST per day but if she produced more she could earn $65 per day. She hopes that her next loan will be used to buy a big freezer for the business replacing her current small and old one.

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Lenders to this entrepreneur

Barbara
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Robert
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Alison
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Howard
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William
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DeAnna
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Anonymous
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Eric
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April
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maxine
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Judith
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Journal entries for Korina Aiolupo


Loan has been disbursed
 
Entrepreneur: Korina Aiolupo
Location: Vaitele, Samoa

Thank you for your loan. It has been disbursed to Korina Aiolupo by South Pacific Business Development in Samoa. We are excited to watch this business grow. Over the next 18 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
Dec 10, 2007
Comment on this entry

KIVA JOURNAL FOR KORINA AIOLUPO
 
Entrepreneur: Korina Aiolupo
Location: Vaitele, Samoa

Korina Aiolupo is 47 years old and has 4 children. She is a member of Vaitele A2 center which is located in Western Upolu. She has ice cake and pancake business, which she has been engaged in for 3 years. The loan officer who is in charge of her center says Korina 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 ingredients for her business. She says her business is doing well. On good days she makes 350 Tala a day (1Tala=0.4USD) and on bad days she makes 150 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 “thanks for supporting me and my business”


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

  Expected Repayments Actual Repayments Comments
February 2008 $16.67 $0.00 Repayment Received
March 2008 $16.67 $17.00 Repayment Received
April 2008 $16.67 $17.00 Repayment Received
May 2008 $16.67 $17.00 Repayment Received
June 2008 $16.67 $17.00 Repayment Received
July 2008 $16.67 $17.00 Repayment Received
August 2008 $16.67 $17.00 Repayment Received
September 2008 $16.67 $17.00 Repayment Received
October 2008 $16.67 $17.00 Repayment Received
November 2008 $16.67 $17.00 Repayment Received
December 2008 $16.67 $17.00 Repayment Received
January 2009 $16.67 $30.02 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 $16.67 $16.66 Repayment Received
July 2009 $16.61 $16.64 Repayment Received