Soloao Tualogo

Status: Paid Back

$850.00		Loan Request
$850.00		Paid Back

About the Entrepreneur

Name:	Soloao Tualogo
Location:	Poutasi, Samoa
Activity:	Fishing

About the Loan

Loan Amount:	$850.00
Loan Use:	Buy fishing gear, maintenance of boats
Repayment Term:	15 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	N/A
Date Listed:	Mar 20, 2007
Date Disbursed:	Apr 5, 2007
Date Funded:	Mar 22, 2007
Loan Ended:	Mar 31, 2008

About the Field Partner

Field Partner:

South Pacific Business Development (SPBD)

Field Partner Risk Rating:

(Learn more)

Active

39 months

3816

$2,114,200

0.00%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Samoa
Avg Annual Income:	$6,344.00
Currency:	United States Dollars (USD)

Soloao is a retired teacher, aged 66. She’s a strong mother of 14 children, one deceased, 4 living overseas and 9 staying in Samoa. Soloao is a very hard working mother. When she was teaching, she realized that her salary couldn’t provide for all her kids, so she helped out her husband set up a fishing business. She started with a single canoe with just her husband alone. One day she resigned as a teacher because she realized that their business was growing and her husband needed support. From that single canoe, they now own 3 fishing vessels, with 3 employees on each boat. Her business has become really successful, but she still wants to do more. So she’s requesting a $850 loan for upgrading her fishing gear and maintenance of her boats.

Lenders to this entrepreneur

Laurent D
Brussels,
Belgium

Alexander
Athens,
Greece

Gian Mario
Roma, Lazio
Italy

Rob
Lakewood Ranch, FL
United States

Michael
Ticonderoga, NY
United States

St. John's High School
Winnipeg, Manitoba
Canada

Yvonne
Bowie, MD
United States

Nancy
North Sydney, Nova Scotia
Canada

Kathleen
Livermore, CA
United States

Avi
San Francisco, CA
United States

Deborah
Washington, DC
United States

Jane
Marietta, GA
United States

John
Falls Church, VA
United States

Neticule
Aztec, NM
United States

johannes
staudt,
Germany

Donald

rob
Brisbane, Wales
Australia

Anonymous
Atherton, CA
United States

charlie
madison, wi
United States

Jorg
London, London
United Kingdom

Journal entries for Soloao Tualogo

Loan has been disbursed Entrepreneur: Soloao Tualogo Location: Poutasi, Samoa Thank you for your loan. It has been disbursed to Soloao Tualogo by South Pacific Business Development in Samoa. We are excited to watch this business grow. Over the next 12 - 16 months, South Pacific Business Development will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.
Posted by Team Editing from Poutasi, Samoa Mar 31, 2007
Comments (2)

Journal for Soloao Tualogo Entrepreneur: Soloao Tualogo Location: Poutasi, Samoa Soloao is one of the clients who applied for a loan from Poutasi center. She is running a fishing business together with her husband and her other son who is living together with them. She purchased a new canoe and other fishing equipments from her previous loan. She delivers her fish at the fish market in town and earns good profit from it. She is saving some profit from her business to build a new European house for her family together with the financial assistance from the program through her next loan. Soloao is very greatful for this support lent out to her to enable her to achieve her goals.
Posted by Isabel Tuatagaloa from Poutasi, Samoa Mar 24, 2009
Comment on this entry

Repayment Schedule for Soloao Tualogo

Show Advanced

	Expected Repayments	Actual Repayments	Comments
July 2007	$70.83	$71.00	Repayment Received
August 2007	$70.83	$71.00	Repayment Received
September 2007	$70.83	$142.00	Repayment Received
October 2007	$70.83	$71.00	Repayment Received
November 2007	$70.83	$71.00	Repayment Received
December 2007	$70.83	$71.00	Repayment Received
January 2008	$70.83	$71.00	Repayment Received
February 2008	$70.83	$71.00	Repayment Received
March 2008	$70.83	$71.00	Repayment Received
April 2008	$70.83	$71.00	Repayment Received
May 2008	$70.83	$69.00	Repayment Received
June 2008	$70.87	$0.00	Repayment Received