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Faamati
Faamati has two children aged 2 years and 9 months respectively and her husband is unemployed. She had been running her own shop for some time before joining the SPBD programme. She faced some difficulties running her shop, especially with a family to look after. Therefore she decided to join SPBD so she would be able to have some financial assistance in running her shop. To date, Faamati has received 5 loans from SPBD.


With these loans, she has been able to to buy more goods for her shop and put her children in school. In the future she plans to extend her shop and is thinking of building a mini restaurant beside her shop.

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
  • 9
    View loans »
    Samoa Loans Fundraising
  • $6,875,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Faamati to purchase more goods for her shop.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 6, 2007
Listed
Aug 23, 2007
Currency Exchange Loss:
N/A
Ended:
Dec 16, 2008