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Fieta
Mrs. T. is married with two children. She is 25 years old and never had a job prior to joining SPBD. When she had children, it was difficult for her and her husband to support their young family. This prompted her to join the SPBD program in order to start a business and provide for her family’s growing weekly expenses and save for her children’s future education. After SPBD training, Fieta took out an initial loan to launch a business. She chose to start a barbeque stand and sell cooked food to passersby in her village. She says that the business is going well. She is anxious to further invest in it and increase her profits by expanding her supply and product line. The business is really helping her make things easier for her family. She hopes that by putting more hard work into her barbeque stand she can ensure that her children can go to good schools.

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
  • 133
    View loans »
    Samoa Loans Fundraising
  • $7,121,475
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Fieta to purchase food in bulk, cooking utensils, containers, and packaging materials.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 15, 2007
Listed
Jun 29, 2007
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2009