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Rosalina
Ms Rosalina is a young, 24-year old lady with two children. She didn’t finish school due to the lack of financial support from her parents, so she is now staying home and started her pancakes and pork buns business to provide for her family, especially her kids. She said she didn’t want her kids to follow in her footsteps and have the same problem she had while she was in school. So her $300 loan was used to buy the ingredients needed for her business, which is the only source of income she can get. She believes that her next loan will be used to repair their house to improve their living conditions.

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
  • 134
    View loans »
    Samoa Loans Fundraising
  • $7,562,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $300 helped Rosalina buying ingredients for her business.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 5, 2007
Listed
Sep 21, 2007
Currency Exchange Loss:
N/A
Ended:
May 15, 2009