Check out some available loans that are similar to this one!
Lemoe
Lemoe A. Y. is a member of the Samatau 3 center. She is thirty-four years of age and one of the successful businesswomen within the programme. Her business is fishing. Her father and brothers are the ones that actually do the fishing. The fishing can be done in the day time but usually they prefer to do it at night. Lemoe is on her fifth loan and she is still doing the fishing business .Her income for a week is $300.00 tala and $1800.00 a week profit. She explained that fishing is a profitable business and also a very risky one. Lemoe dreamed of having a big boat so that her father and brother will fish more so that her business will become an industry where she and her family can export to the overseas market for a better price. Lemoe is asking for a loan of $1200 to buy fishing nets, hooks and other equipment.

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

  • $5,200
    Average annual income
  • 112
    View loans »
    Samoa Loans Fundraising
  • $7,709,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Lemoe “Buy fishing nets, hooks and fishing equipments”.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 26, 2007
Listed
Aug 10, 2007
Currency Exchange Loss:
N/A
Ended:
Mar 2, 2009