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Ioana
Ioana P., 27, is married with children. She has 1 year of experience in the popcorn business. She sells to the villagers and public 6 days per week. She has no previous loans with SPBD. She expects her weekly net cash flow to be 140 Samoan Tala (WST) (~ 50 USD/week). SPBD loans are Ioana’s only access to capital because she has not been able to qualify for a loan with the traditional banks.

Additional Information

About SPBD

South Pacific Business Development (SPBD) improves conditions for families living in poverty by providing accessible credit, training, and guidance to help them start, grow and maintain micro-businesses, build assets, finance home improvements, and afford to educate their children. 99% of SPBD’s loans go to women, who can borrow in groups to guarantee one another rather than put up collateral.

About Samoa

  • $6,344
    Average annual income
  • 0
    View loans »
    Samoa Loans Fundraising
  • $6,976,550
    Funds lent in using Kiva
  • 3.0
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Ioana purchase oven, cooking gas, bag corn, frying pan etc for popcorn business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 27, 2009
Listed
Jun 23, 2009
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2010