Luafitu Faatupu


Status: Paid Back

$325.00   Loan Request
$325.00   Paid Back

About the Entrepreneur

Name: Luafitu Faatupu
Location: Fagalii Uta, Samoa
Activity: Farming

About the Loan

Loan Amount: $325.00
Loan Use: The loan will be using for purchasing equipment like shovels, bushknives,a weedkiller machine, spades and chemicals.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 19, 2008
Date Disbursed: Jul 4, 2008
Date Funded:Jun 20, 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



Luafitu Faatupu, 39, is married with 4 children. She has many years of experience in the banana plantation business. She sells to the village community and relatives and also at the public market 2 days per week. Luafitu has had 3 previous loans with SPBD. She expects her weekly net cash flow to be $145 USD. SPBD loans are Luafitu’s only access to capital because she was never able to qualify for a loan with the traditional banks. She will use part of her loan to assist her with her children's school needs,and to buy new farming equipment. Luafitu's husband and children help her a lot with all the hard work on the plantation.

Subscribe

Lenders to this entrepreneur

Steven
Cheltenham, Gloucestershire
United Kingdom

Damien
Bruxelles,
Belgium

CFamily
Northbrook, IL
United States

Tyler
Silverton, OR
United States

Amy's mom
KivaFriends.org, Midwest
United States

Lin Family
Newport Coast, CA
United States

David and Audrey
Penhold, Alberta
Canada

Laurelie
Calgary, Alberta
Canada



Journal entries for Luafitu Faatupu


Loan has been disbursed
 
Entrepreneur: Luafitu Faatupu
Location: Fagalii Uta, Samoa

Thank you for your loan. It has been disbursed to Luafitu Faatupu 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 Fagalii Uta, Samoa
Jul 10, 2008
Comment on this entry

Kiva Help Repayment Schedule for Luafitu Faatupu

  Expected Repayments Actual Repayments Comments
October 2008 $27.08 $28.00 Repayment Received
November 2008 $27.08 $28.00 Repayment Received
December 2008 $27.08 $28.00 Repayment Received
January 2009 $27.08 $24.33 Repayment Received
February 2009 $27.08 $27.08 Repayment Received
March 2009 $27.08 $27.08 Repayment Received
April 2009 $27.08 $27.08 Repayment Received
May 2009 $27.08 $27.08 Repayment Received
June 2009 $27.08 $27.08 Repayment Received
July 2009 $27.08 $27.08 Repayment Received
August 2009 $27.08 $27.08 Repayment Received
September 2009 $27.12 $27.11 Repayment Received