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Asega
Asega O., 52, is married with five children. She has many years of experience in the fishing business. She sells to the villagers and general public, two days per week. She has had five previous loans with SPBD. She expects her weekly net cash flow to be 450 Tala (~165 USD). SPBD loans are Asega’s only access to capital because she has never 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
  • 10
    View loans »
    Samoa Loans Fundraising
  • $7,111,575
    Funds lent in using Kiva
  • 2.7
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Asega to purchase a fridge, net, cooler and fishing equipment.
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