Faga Centre - Group 1


Status: Paid Back

$1,950.00   Loan Request
$1,950.00   Paid Back

About the Group

Group Name: Faga Centre - Group 1
Group Members: Tolopa Salaivo
Paula Toala
Merita Aulagia
Mele Talatau
Leatuvai Timo
Iseaso Mulitala Isaaka
Faamaimauaso Tafaoa
Location: Faga, Savaii Island, Samoa
Activity: Farming

About the Loan

Loan Amount: $1,950.00
Loan Use: Purchase of chemicals, a weed killing sprayer, bush knives, etc
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 30, 2008
Date Disbursed: Apr 14, 2008
Date Funded:Mar 31, 2008
Loan Ended:Jun 3, 2009

About the Country

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



For these 7 women of Faga on the island of Savaii, these are their first loans from SPBD. They all undertook 4 weeks of training on managing a business, maintaining a savings account and then passed a written test on the SPBD principles: business, savings, weekly meetings, payments and group guarantee. Over the next 52 weeks, they will support each other in their individual business development and to guarantee on-time payments.



Faamaimauaso Tafaoa (27, married, 2 children) will purchase knives, timber, varnish and other materials to produce fine mats.



Iseaso Mulitala Isaaka (37, married, 4 children) is starting a bingo business. She needs a loan to purchase bingo sets.

Leatuvai Timo (31, married, 1 child) will purchase a fence, taro roots, knives, a filing (knife sharpener) and planting sticks to produce cocoa.



Mele Talatau (37, married, 5 children) will purchase chicken legs, soy sauce, onions, Chinese onions, sauce and tin foil to bake and sell BBQ.



Merita Aulagia (38, married, 9 children) will purchase a fishing boat, 2 nets, flashlight, a spear and a pair of goggles to fish and sell the catch 3 days a week.



Paula Toala (36, married, 4 children) will purchase flour, sugar, oil, egg, baking soda, baking powder, yeast and other ingredients to bake pies, donuts, buns, etc..



Tolopa Salaivo (45, married, 6 children) will purchase a weed-killing sprayer, chemicals, a knife, filings and an axe to cultivate and sell taro, bananas and tuamu, etc..





About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more


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Lenders to this group

Danny
Oklahoma City, OK
United States

sweet pea
Ottawa,
Canada

Mike
Pasadena, CA
United States

Chris
Atlanta, GA
United States

Robert
Hamilton, Ontario
Canada

Dcengr
Santa Barbara, CA
United States

Bev

Steven
Salt Lake City, UT
United States

Julie
TX
United States

Winsome
Mississauga, Ontario
Canada

Isabel
Irving, TX
United States

Sylvester
Brighton, MI
United States

adam
Palmdale, CA
United States

Valeria
New York, NY
United States

Amy

Chester
Houston, TX
United States

ASSOB
Sydney, NSW
Australia

Grant
Toronto, Ontario
Canada

Michael
Auckland,
New Zealand

Helene
Franklin, TN
United States

Simon
Potts Point, New South Wales
Australia

Anonymous
Coquitlam, BC
Canada

Alicia
Eden Prairie, MN
United States

Illan
Tarzana, CA
United States

Joel
Oldsmar, FL
United States

Jacqueline
Ringoes, NJ
United States

Shelagh
Dawson Creek, British Columbia
Canada

Linda
Mequon, WI
United States

ChocoMonkey
Austin, TX
United States

Sheryl
Wichita, KS
United States

Holly
calgary, Alberta
Canada

Jurjan
Rotterdam,

Marlene
San Francisco, CA
United States

Joan
Valencia, Valencia
Spain

Howard
Vence,
France

Dana
El Dorado Hills, CA
United States

Majik
Lower Hutt, Wellington
New Zealand

Darryl Adie

United Kingdom

Anita
Orange Park, FL
United States

Nathan
Chandler, AZ
United States

Anonymous
Madrid, Madrid
Spain

Siri
Tonsberg, Vestfold
Norway

Richard
St. Louis, MO
United States

Marian
Guelph, Ontario
Canada

nina
South Lake Tahoe, CA
United States

Paolo
Ottawa, Ontario
Canada



Journal entries for Faga Centre - Group 1


Loan has been disbursed
 
Entrepreneur: Faga Centre - Group 1
Location: Faga, Savaii Island, Samoa

Thank you for your loan. It has been disbursed to the Faga Centre - Group 1 group, consisting of Faamaimauaso Tafaoa, Iseaso Mulitala Isaaka, Leatuvai Timo, Mele Talatau, Merita Aulagia, Paula Toala, Tolopa Salaivo by South Pacific Business Development in Samoa. We are excited to watch this business grow. Over the next 12 months, South Pacific Business Development will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Wendy Joe from Faga, Savaii Island, Samoa
Apr 29, 2008
Comments (1)

Kiva Help Repayment Schedule for Faga Centre - Group 1

  Expected Repayments Actual Repayments Comments
July 2008 $162.50 $163.00 Repayment Received
August 2008 $162.50 $163.00 Repayment Received
September 2008 $162.50 $163.00 Repayment Received
October 2008 $162.50 $163.00 Repayment Received
November 2008 $162.50 $163.00 Repayment Received
December 2008 $162.50 $160.00 Repayment Received
January 2009 $162.50 $162.49 Repayment Received
February 2009 $162.50 $162.50 Repayment Received
March 2009 $162.50 $162.50 Repayment Received
April 2009 $162.50 $162.50 Repayment Received
May 2009 $162.50 $162.50 Repayment Received
June 2009 $162.50 $162.51 Repayment Received