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Otila
Otila S. is a 39-year-old woman living in the town of Seesee. She is married and has three adult children. Otila owns and operates a food stall selling baked goods in the local community. Otila has been engaged in this business for over five years and earns approximately 650 Tala WST a month.


In 2007, Otila joined Kiva partner SPBD to gain access to financial services to help improve her living situation and ability to engage in business activities. Otila has successfully repaid a previous loan of 1750 WST from SPBD. This previous loan was used to purchase new equipment and tools to expand her business. Otila is now requesting a loan of 2500 Tala WST which will be used to purchase new items to expand her product range. The loan will be the seventh loan taken out by Otila from SPBD. Otila plans to use the additional revenue generated from the business to improve and expand her business.


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 a 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
  • 16
    View loans »
    Samoa Loans Fundraising
  • $6,875,350
    Funds lent in using Kiva
  • 2.7
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Otila to purchase new items to expand product range.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 21, 2009
Listed
Sep 5, 2009
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2010