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Faatali
Faatali P. is a 33-year-old woman living in the town of Satapuala. She is married and has seven school-aged children. To make a living, Faatali owns and operates a business venture in the agriculture sector raising crops. The main source of income for the business comes from planting and harvesting taro for sale. Faatali has been engaged in this business for over five years and earns approximately 680 WST a month from these activities.


Faatali joined Kiva partner SPBD to gain access to financial services to help improve her living situation and ability to engage in business activities. She has successfully repaid a previous loan of 1,700 WST from SPBD. This loan was used to purchase general farm supplies and equipment. Faatali is now requesting a new loan of 2,450 WST, which will also be used to purchase general farm supplies and equipment. The loan will be her third from SPBD. Faatali plans to use the additional revenue generated from the business to make improvements to her house.


Faatali was not affected by the tsunami which hit Samoa on 9/29/09.


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
  • 96
    View loans »
    Samoa Loans Fundraising
  • $7,153,100
    Funds lent in using Kiva
  • 2.5
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Faatali to purchase general farm supplies and equipment.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 22, 2009
Listed
Oct 25, 2009
Currency Exchange Loss:
Possible
Ended:
Jan 13, 2011