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Selepa
Selepa F. is 40 and married with 5 children (ages 4 - 18). She owns a business venture, planting & harvesting cocoa for sale. Selepa has 4 years of experience in this business. Selepa needs a loan of WST $2250 to invest in expanding the business. She plans to use the earnings from her business (estimated to be 300 talas or US $125 per week) to financially support extended members of her family.

In 2006, Selepa joined SPBD. This is her 6th loan with SPBD. SPBD's loans are Selepa's only access to capital because she was never able to qualify for a loan with traditional banks.

About SPBD
In 2000, Greg Casagrande founded SPBD and since then, it has expanded from the main island of Upolu in Samoa to Savaii, as well as Tonga. SPBD's philosophy of lending is based upon the Grameen Bank lending method.

Please join SPBD's lending team on KIVA to receive on-the-spot updates on SPBD: http://www.kiva.org/community/viewTeam?team_id=8375

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
  • 8
    View loans »
    Samoa Loans Fundraising
  • $6,970,875
    Funds lent in using Kiva
  • 2.6
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Selepa to invest in expanding the business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 12, 2010
Listed
Apr 12, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2011