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Nora
Nora A. is starting a business venture in the agriculture sector raising crops. Her main source of income comes from planting and harvesting fruits and vegetables for sale. She is a 38-year-old woman living in the town of Faleasiu 3. She is married and has four school-age children.


Nora joined SPBD to gain access to financial services to help improve her living conditions and enable her to engage in business activities. Nora has successfully repaid a previous loan of 750 WST from SPBD. This previous loan was used to rent land to raise crops.


Nora is now requesting a new loan of 1500 WST which will be used to rent land to raise additional crops. This will be her second loan from SPBD. Nora plans to use the additional revenue to improve and expand her business. (0)


About SPBD:
SPBD's mission is to improve the quality of life of people living in poverty in the poor island nations of the South Pacific. SPBD's philosophy of lending is based on respect for each individual's innate human ingenuity, drive and self esteem.


Note: To maximize efficiency and reduce costs, this loan was posted using a template to automate the translation by Kiva. Given that manual translation of entrepreneur profiles is costly, Kiva created this template for our Field Partner to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders.

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
  • 4
    View loans »
    Samoa Loans Fundraising
  • $7,041,100
    Funds lent in using Kiva
  • 2.6
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Nora to rent land to raise additional crops.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 17, 2009
Listed
Aug 11, 2009
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2010