Vaiauau Inu


Status: Paid Back

$475.00   Loan Request
$475.00   Paid Back

About the Entrepreneur

Name: Vaiauau Inu
Location: Saoluafata, Samoa
Activity: Sewing

About the Loan

Loan Amount: $475.00
Loan Use: To buy fabrics, a new sewing machine, and other supplies for her sewing business
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Dec 17, 2007
Date Disbursed: Dec 31, 2007
Date Funded:Dec 17, 2007
Loan Ended:Jul 15, 2009

About the Country

Country:Samoa
Avg Annual Income:$6,344.00
Currency:Samoa Tala (WST)
Exchange Rate:2.6983 WST = 1 USD



Vaiauau is the eldest member of the Fata B Center and also the oldest member of the Center in the Programme. After four loans, she is still running and sustaining her sewing business and she is looking at improving her house with this fifth loan. Her husband died years ago and she is still fighting with keeping up with everything in the family. Some of her children went overseas and she is not relying financially on them. She works everyday on catching up on her orders and earns $100 WST ($40 USD) a day. She is one of the oldest and most supportive members of her borrowing center.

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Journal entries for Vaiauau Inu


Loan has been disbursed
 
Entrepreneur: Vaiauau Inu
Location: Saoluafata, Samoa

Thank you for your loan. It has been disbursed to Vaiauau Inu 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 from Saoluafata, Samoa
Jan 1, 2008
Comments (1)

KIVA JOURNAL OFR VAIAUAU INU
 
Entrepreneur: Vaiauau Inu
Location: Saoluafata, Samoa

Vaiauau inu is 60 years old and has 6 children. She is a member of Saoluafata B center which is located in Western Upolu. She has sewing business, which she has been engaged in for 6 years. The loan officer who is in charge of her center says Vaiauau 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 materials,fabric,threads,needles,sewing machine for her business. She says her business is doing well. On good days she makes 650 Tala a day (1Tala=0.4USD) and on bad days she makes 350 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 “Vaiauau became a very good membeer of this centre. Her business is in a good condition, big improvement. She said that her previous loan was spent on her business activities which was the very first thing to do with her very first loan. She thanked to KIVA for making her business grow.


Posted by Isabel Tuatagaloa from Saoluafata, Samoa
Jan 19, 2009
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Kiva Help Repayment Schedule for Vaiauau Inu

  Expected Repayments Actual Repayments Comments
March 2008 $26.39 $0.00 Repayment Received
April 2008 $26.39 $27.00 Repayment Received
May 2008 $26.39 $27.00 Repayment Received
June 2008 $26.39 $27.00 Repayment Received
July 2008 $26.39 $27.00 Repayment Received
August 2008 $26.39 $27.00 Repayment Received
September 2008 $26.39 $27.00 Repayment Received
October 2008 $26.39 $27.00 Repayment Received
November 2008 $26.39 $27.00 Repayment Received
December 2008 $26.39 $27.00 Repayment Received
January 2009 $26.39 $47.27 Repayment Received
February 2009 $26.39 $26.39 Repayment Received
March 2009 $26.39 $26.39 Repayment Received
April 2009 $26.39 $26.39 Repayment Received
May 2009 $26.39 $26.39 Repayment Received
June 2009 $26.39 $26.38 Repayment Received
July 2009 $26.39 $26.39 Repayment Received
August 2009 $26.37 $26.40 Repayment Received