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Seleni
Seleni A., 38, is married and has 3 children. She has 5 years of experience in the sewing business. She sells to the general public 6 days per week. She has had 3 previous loans with SPBD. She expects her weekly net cash flow to be 350 Samoan Tala (~145 USD). SPBD loans are Seleni’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

  • $5,200
    Average annual income
  • 93
    View loans »
    Samoa Loans Fundraising
  • $7,694,275
    Funds lent in using Kiva
  • 3.0
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Seleni to purchase a new sewing machine, thread, needles and material.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 3, 2009
Listed
Jun 23, 2009
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2010