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Leaso
Leaso Kerisimasi, 25, is married with 2 children. She has four years of experience in the brick business. She sells to the public 5 days per week. She has no previous loans with SPBD. She expects her weekly net cash flow to be 300 Tala (~ USD).



SPBD loans are Leaso’s only access to capital because she was never able to qualify for a loan with the traditional banks to maintain and improve her business. She is a multi-talented young mother; she started her business with a plantation and now she is selling bricks in order for her businesses to become successful.

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
  • 185
    View loans »
    Samoa Loans Fundraising
  • $7,268,400
    Funds lent in using Kiva
  • 2.7
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Leaso purchase cement, sand, dust.
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 17, 2010