Aimiti Gafa's Group


Status: Paid Back

$1,525.00   Loan Request
$1,525.00   Paid Back

About the Group

Group Name: Aimiti Gafa's Group
Group Members: Saili Mataafa
Liliu Sanerivi
Fouvale Tauveve
Ala Faleao
Aimiti Gafa
Location: Satupaitea Pitonuu, Savaii Island, Samoa
Activity: Clothing Sales

About the Loan

Loan Amount: $1,525.00
Loan Use: Purchase of materials and tools for making tapa
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 30, 2008
Date Disbursed: Jul 18, 2008
Date Funded:Jul 4, 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



This group is from Satupaitea Pitonuu, one of the mostly populated villages in the island of Savaii. The members of the group will be producing traditional Samoan tapa (designed bark cloth). This is the group's first loan and because the members have not had access to this kind of financial support before. Each of them will be taking WST 750 ($305) to their families to start up their small businesses. This is a new start for them and they are willing to run on their own in order to get profit to help out their families.

This is a group loan. The loan funds will be distributed among the group members, each of whom will invest in her own business. The members mutually guarantee one another's loans. If one member does not repay, the other members are responsible.



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

Anonymous
Terrace, British Columbia
Canada

Anonymous
Fort Myers, FL
United States

Tisha
Kirkland, WA
United States

Steven
Hendra, Queensland
Australia

Fiona
Auckland, Auckland City
New Zealand

Gene & Sun
Kempner, Texas
United States

Scott
Long Beach, CA
United States

Pablo
San Francisco, CA
United States

Michelle
Los Angeles, CA
United States

Pangolin
New Milton, Hampshire
United Kingdom

Robin
Willunga, South Australia
Australia

jill
New York, NY
United States

Mike
Tucker, Georgia
United States

Mai-Britt
Espoo,
Finland

Paul
Eagle River, AK
United States

Scott
Portland, Oregon
United States

Paul & Aren
Santa Cruz, CA
United States

Amber
Hillsboro, OR
United States

lenka and milan
bronx, NY
United States

Kevin
Westminster, CO
United States

Becky
Sammamish, WA
United States

Scott
Salt Lake City, UT
United States

Martina
Hofheim,
Germany

Matthew
Bellmore, NY
United States

Maureen
New York, NY
United States

z v
charlotte, NC
United States

Talkathon
Saint Louis Park, MN
United States

David
Winter Park, FL
United States

Philip
Los Angeles, CA
United States

Michelle
Selby, Victoria
Australia

Jim and Sheri
Vesuvius, British Columbia
Canada

Pam
Columbus, OH
United States

Roger
Belmont, CA
United States

Marian
New Windsor, NY
United States

Matthias
Hannover,
Germany

Anonymous

Don
plano, TX
United States



Journal entries for Aimiti Gafa's Group


Loan has been disbursed
 
Entrepreneur: Aimiti Gafa's Group
Location: Satupaitea Pitonuu, Savaii Island, Samoa

Thank you for your loan. It has been disbursed to the Aimiti Gafa's Group group, consisting of Aimiti Gafa, Ala Faleao, Fouvale Tauveve, Liliu Sanerivi, Saili Mataafa 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 Satupaitea Pitonuu, Savaii Island, Samoa
Jul 10, 2008
Comments (1)

Kiva Help Repayment Schedule for Aimiti Gafa's Group

  Expected Repayments Actual Repayments Comments
October 2008 $127.08 $128.00 Repayment Received
November 2008 $127.08 $128.00 Repayment Received
December 2008 $127.08 $128.00 Repayment Received
January 2009 $127.08 $124.34 Repayment Received
February 2009 $127.08 $127.08 Repayment Received
March 2009 $127.08 $127.08 Repayment Received
April 2009 $127.08 $127.08 Repayment Received
May 2009 $127.08 $127.08 Repayment Received
June 2009 $127.08 $127.08 Repayment Received
July 2009 $127.08 $127.08 Repayment Received
August 2009 $127.08 $127.08 Repayment Received
September 2009 $127.12 $127.10 Repayment Received