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Fotu
Fotu is a young married woman from Siumu, operating a banana plantation not far from her backyard. Her husband works the land in the plantation. She joined the South Pacific Business Development program in 2005 and is now on her fifth loan. She used to sell 15-20 bags of banana at Fugalei Market and she received $200-$300 a week from those sales. She is requesting a loan of $800 to buy more raw material for the plantation.

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
  • 149
    View loans »
    Samoa Loans Fundraising
  • $7,268,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Fotu to buy more raw material for the plantation.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 25, 2007
Listed
Aug 10, 2007
Currency Exchange Loss:
N/A
Ended:
Mar 2, 2009