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Solitu
Solitu R., 37, is married with 4 children. She has many years of experience in the plantation business. She sells to the public 4 days per week. She has no previous loans with SPBD. Solitu expects her weekly net cash flow to be 200 Tala (~ 110USD). SPBD loans are Solitu’s only access to capital because she is not able to qualify for a loan from 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
  • 138
    View loans »
    Samoa Loans Fundraising
  • $7,557,575
    Funds lent in using Kiva
  • 2.7
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Solitu purchase chemicals, axe, ranging pole, knives and weed killer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 26, 2009
Listed
Jul 1, 2009
Currency Exchange Loss:
Possible
Ended:
Jul 16, 2010