Tiresa Faiga


Status: Paid Back

$725.00   Loan Request
$725.00   Paid Back

About the Entrepreneur

Name: Tiresa Faiga
Location: Satapuala, Samoa
Activity: General Store

About the Loan

Loan Amount: $725.00
Loan Use: Restock her shop
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 27, 2008
Date Disbursed: Jul 12, 2008
Date Funded:Jun 28, 2008
Loan Ended:Aug 15, 2009

About the Country

Country:Samoa
Avg Annual Income:$6,344.00
Currency:Samoa Tala (WST)
Exchange Rate:2.4931 WST = 1 USD



Tiresa Faiga, 62, is married with 8 children. She has many years of experience in the shop business. She sells to the general public and villagers 7 days per week. She has 2 previous loans with SPBD. She expects her weekly net cash flow to be 600 Tala (~250 USD).


SPBD loans are Tiresa’s only access to capital because she was never able to qualify for a loan with the traditional banks. Tiresa is a strong active lady running a retail shop in her village. Her husband is helping her run the shop. All her children are married and are staying with them.


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Journal entries for Tiresa Faiga


Loan has been disbursed
 
Entrepreneur: Tiresa Faiga
Location: Satapuala, Samoa

Thank you for your loan. It has been disbursed to Tiresa Faiga by South Pacific Business Development (SPBD) in Samoa. We are excited to watch this business grow. Over the next 12 months, South Pacific Business Development (SPBD) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Kiry Ponnak Pa from Satapuala, Samoa
Jul 10, 2008
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Kiva Help Repayment Schedule for Tiresa Faiga

  Expected Repayments Actual Repayments Comments
October 2008 $60.42 $61.00 Repayment Received
November 2008 $60.42 $61.00 Repayment Received
December 2008 $60.42 $61.00 Repayment Received
January 2009 $60.42 $58.66 Repayment Received
February 2009 $60.42 $60.42 Repayment Received
March 2009 $60.42 $60.42 Repayment Received
April 2009 $60.42 $60.42 Repayment Received
May 2009 $60.42 $60.42 Repayment Received
June 2009 $60.42 $60.41 Repayment Received
July 2009 $60.42 $60.42 Repayment Received
August 2009 $60.42 $60.42 Repayment Received
September 2009 $60.38 $60.41 Repayment Received