Lotu Faafiti
Status: Paid Back
| $650.00 | Loan Request | |
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| $650.00 | Paid Back |
About the Entrepreneur
| Name: | Lotu Faafiti |
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| Location: | Tuanai, Samoa |
| Activity: | Food Production/Sales |
About the Loan
| Loan Amount: | $650.00 |
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| Loan Use: | To buy supplies for her snacks business |
| Repayment Term: | 20 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jan 2, 2008 |
| Date Disbursed: | Jan 16, 2008 |
| Date Funded: | Jan 2, 2008 |
| Loan Ended: | Aug 15, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | South Pacific Business Development (SPBD) |
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| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 39 months |
| Kiva Entrepreneurs: | 3813 |
| Total Loans: | $2,112,625 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Samoa |
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| Avg Annual Income: | $6,344.00 |
| Currency: | Samoa Tala (WST) |
| Exchange Rate: | 2.6983 WST = 1 USD |
“The more you work hard the more you get” is the saying that the single mother of three, Lotu Faafiti, adopts. She is 38 years of age and lives in Tuanai center with her parents and her children. Her business is selling ice cakes, which cost fifty cents each, and Samoan cocoa, which costs $5.00 WST ($2 USD) cooked and $3.00 WST ($1.20 USD) uncooked. She sells her goods from her house and also delivers them to the nearby villages. Lotu earns about $200.00-300.00 WST ($80-120 USD) from her business. This is the only source of income for her family. She would like a loan so she can purchase more supplies for her snacks business.
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Lenders to this entrepreneur
Emilie
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Kate
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Alice
southside, AL
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Elise
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John
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Donna
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Karen
San Francisco, CA
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Victoria
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Anonymous
Bob & Jen
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Topping Family
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Boudewijn
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Mark
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Eli
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Michael Powell
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Kaleisia
Tampa, FL
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Janet
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Diane
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Celeste
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Kristin
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Anonymous
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Journal entries for Lotu Faafiti
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Loan has been disbursed
Location: Tuanai, Samoa
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Posted by
from Tuanai, Samoa
Jan 17, 2008 |
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Comment on this entry
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Journal for Lotu Faafiti
Location: Tuanai, Samoa
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Posted by
Isabel Tuatagaloa from Tuanai, Samoa
Jan 26, 2009 |
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Comment on this entry
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Repayment Schedule for Lotu Faafiti
Repayment Schedule for Lotu Faafiti
| Expected Repayments | Actual Repayments | Comments | |||
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| April 2008 | $36.11 | $37.00 |  Repayment Received
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| May 2008 | $36.11 | $37.00 | Repayment Received
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| June 2008 | $36.11 | $37.00 | Repayment Received
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| July 2008 | $36.11 | $37.00 | Repayment Received
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| August 2008 | $36.11 | $37.00 | Repayment Received
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| September 2008 | $36.11 | $37.00 | Repayment Received
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| October 2008 | $36.11 | $37.00 | Repayment Received
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| November 2008 | $36.11 | $37.00 | Repayment Received
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| December 2008 | $36.11 | $37.00 | Repayment Received
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| January 2009 | $36.11 | $28.09 | Repayment Received
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| February 2009 | $36.11 | $36.11 | Repayment Received
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| March 2009 | $36.11 | $36.11 | Repayment Received
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| April 2009 | $36.11 | $36.11 | Repayment Received
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| May 2009 | $36.11 | $36.11 | Repayment Received
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| June 2009 | $36.11 | $36.11 | Repayment Received
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| July 2009 | $36.11 | $36.11 | Repayment Received
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| August 2009 | $36.11 | $36.11 | Repayment Received
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| September 2009 | $36.13 | $36.14 | Repayment Received
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