Monika Masui


Status: Paid Back

$1,200.00   Loan Request
$1,200.00   Paid Back

About the Entrepreneur

Name: Monika Masui
Location: Maninoa, Samoa
Activity: Farming

About the Loan

Loan Amount: $1,200.00
Loan Use: Buy fertilizers, weed killers and perform home improvements
Repayment Term: 19 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: May 30, 2007
Date Disbursed: Jun 14, 2007
Date Funded:May 31, 2007
Loan Ended:Feb 2, 2009

About the Country

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



Monika is 34 years old and the mother of six children. Monika’s husband has a steady income from his job as a night watchman in a local hotel, however, Monika felt she should share equally in the financial management of their large family and subsequently joined SPBD; she now runs a small taro and fruit plantation and sells her products at a small stand to local villagers. Monika dreams of being able to save enough to build a proper house for her children and admits to being ashamed of her small, open Samoan house. Monika readily praises the financial support she received from the micro-loan programs and believes with further reinvestment in her business and hard work, she can reach her dreams. In the meantime, she will use part of her requested loan funds to make some much-needed repairs to the roof of her home.

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Journal entries for Monika Masui


Loan has been disbursed
 
Entrepreneur: Monika Masui
Location: Maninoa, Samoa

Thank you for your loan. It has been disbursed to Monika Masui by South Pacific Business Development in Samoa. We are excited to watch this business grow. Over the next 16 - 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 Maninoa, Samoa
Jul 14, 2007
Comment on this entry

Journal for Monika Masui
 
Entrepreneur: Monika Masui
Location: Maninoa, Samoa

Monika Masui is 35 years old and has 6 children. She is a member of Maninoa Siumu center which is located in southern western Upolu.. She has plantation business, which she has been engaged in for 7 years. The loan officer who is in charge of her center says Monika is a very good member. She repays her loan on time, always attends her weekly meetings, and is enthusiastic about expanding her business.

She has used her previous loan to purchase chemicals, pesticides, bush knives and back sprayer for her business. She says her business is doing well. On good days she makes 290 Tala a day (1Tala=0.4USD) and on bad days she makes 120 Tala a day. She also says that the Kiva loans and SPBD loans are not only helping her business grow, but also helping her pay her children’s school fees, feed her family better, and improve her housing.

When asked if she has any words to the Kiva lenders, she said “My major concern why I came in this program is to help out my kids with their school needs. Thanks for the help.”


Posted by Isabel Tuatagaloa from Maninoa, Samoa
Jan 15, 2009
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Kiva Help Repayment Schedule for Monika Masui

  Expected Repayments Actual Repayments Comments
September 2007 $75.00 $0.00 Repayment Received
October 2007 $75.00 $75.00 Repayment Received
November 2007 $75.00 $75.00 Repayment Received
December 2007 $75.00 $75.00 Repayment Received
January 2008 $75.00 $75.00 Repayment Received
February 2008 $75.00 $75.00 Repayment Received
March 2008 $75.00 $75.00 Repayment Received
April 2008 $75.00 $75.00 Repayment Received
May 2008 $75.00 $75.00 Repayment Received
June 2008 $75.00 $75.00 Repayment Received
July 2008 $75.00 $75.00 Repayment Received
August 2008 $75.00 $75.00 Repayment Received
September 2008 $75.00 $75.00 Repayment Received
October 2008 $75.00 $75.00 Repayment Received
November 2008 $75.00 $75.00 Repayment Received
December 2008 $75.00 $75.00 Repayment Received
February 2009 $0.00 $75.00