Fusi Safotulafai Centre - Group 2


Status: Paid Back

$1,225.00   Loan Request
$1,225.00   Paid Back

About the Group

Group Name: Fusi Safotulafai Centre - Group 2
Group Members: Eleoupu Pipi
Silia Suiai
Faasalafa Vaasilifiti
Tufaiga Alofa
Motu Mataitoga Totua
Location: Fusi Safotulafai, Savaii Island, Samoa
Activity: Farming

About the Loan

Loan Amount: $1,225.00
Loan Use: Purchase supplies for taro farming, including weed killer, pesticides, tools, and taro roots
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 28, 2008
Date Disbursed: May 16, 2008
Date Funded:May 2, 2008
Loan Ended:Jun 24, 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 5 women of Fusi Safotulafai Centre on the island of Savaii, these are their first loans from SPBD. They all undertook 4 weeks of training on managing a business and 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.



Motu Mataitoga Totua, 49, is married with 7 children. She is entering the taro business. Her family has a history of farming but not for sale. With her loan, she will purchase a weed killer, pesticides, a filing, and 2,500 taro roots.



Tufaiga Alofa, 35, is married to a farmer and has 6 children. She and her husband have farmed a taro plantation for over 5 years. With her loan, she will purchase a weed killer, pesticides, a bush knife, a filing, and an axe. She plans to earn 120 Tala (~48 USD) per week in net cash flow by selling her taro at the Salelologa market.



Faasalafa Vaasilifiti, 48, is married with 4 children. She and her husband have farmed a taro plantation for over 3 years. With her loan, she will purchase pesticides, a bush knife, and a spade. She plans to earn 300 Tala (~120 USD) per week in net cash flow by selling her taro at the Salelologa market.



Silia Suiai, 59, has 2 children and is married to a farmer. She is starting a business selling pancakes (deep fried pieces of dough) and ice cakes (ice cream). With her loan, she will purchase 2 bags of flour, 2 bags of sugar, 2 bags of yeast, 2 cans of cooking oil, and 4 plastic cups. She will sell her food 5 days a week in her village, at the school and to passersby.



Eleoupu Pipi, 43, is married with 4 children. She has over 2 years of experience in taro farming. With her loan, she will purchase a weed killer, pesticides, a knife, and a filing, and also hire 5 workers.





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

Claus-Peter
www.kivafriends.org,
Germany

Aneet
Calgary, AB
Canada

Jim
Los Altos, CA
United States

Chris & Christy
Seattle, WA
United States

Cristopher & Kristina
San Antonio, TX
United States

Jennifer
Pasadena, CA
United States

David
Nashville, TN
United States

Jenna
Seattle, WA
United States

Chris & Laura
Canton, MI
United States

HeartDawg
St. Petersburg, FL
United States

Anonymous

Chester
Houston, TX
United States

Karl and Marissa
Denver, CO
United States

Emily's Family
Santa Barbara, CA
United States

Nathan
Minneapolis, MN
United States

neddotcom
worldwide, OR
United States

Sanjay Parekh
Duluth, GA
United States

Tekla
Brantford, Ontario
Canada

Wolfgang
Baden-Wuerttemberg
Germany

Hans
Calgary, Alberta
Canada

Ray
New York, NY
United States

YUMIKO
OSAKA,
Japan

Sheila
Oceanside, CA
United States

Singh Family
Durham, NC
United States

Beat
Zurich,
Switzerland

bellur
san antonio, TX
United States

cecilia
De Panne,
Belgium

Hank
Scio, Oregon
United States

Anonymous
West Des Moines, IA
United States

Alistair
Jakarta, Java
Indonesia

Cheryl
Houston, TX
United States

Gideon
Irvington, NY
United States

Mel
Mason, MI
United States

Liam
Santa Rosa, CA
United States

Anonymous
New York, NY
United States

marlene
Salem, OR
United States

Paul and Diane
Middleton, WI
United States

Loren and Mistie
Seattle, WA
United States

Scott
West Granby, CT
United States



Journal entries for Fusi Safotulafai Centre - Group 2


Loan has been disbursed
 
Entrepreneur: Fusi Safotulafai Centre - Group 2
Location: Fusi Safotulafai, Savaii Island, Samoa

Thank you for your loan. It has been disbursed to the Fusi Safotulafai Centre - Group 2 group, consisting of Motu Mataitoga Totua, Tufaiga Alofa, Faasalafa Vaasilifiti, Silia Suiai, Eleoupu Pipi 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 Fusi Safotulafai, Savaii Island, Samoa
May 9, 2008
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Kiva Help Repayment Schedule for Fusi Safotulafai Centre - Group 2

  Expected Repayments Actual Repayments Comments
August 2008 $102.08 $103.00 Repayment Received
September 2008 $102.08 $103.00 Repayment Received
October 2008 $102.08 $103.00 Repayment Received
November 2008 $102.08 $103.00 Repayment Received
December 2008 $102.08 $103.00 Repayment Received
January 2009 $102.08 $97.50 Repayment Received
February 2009 $102.08 $102.08 Repayment Received
March 2009 $102.08 $102.08 Repayment Received
April 2009 $102.08 $102.08 Repayment Received
May 2009 $102.08 $102.08 Repayment Received
June 2009 $102.08 $102.08 Repayment Received
July 2009 $102.12 $102.10 Repayment Received