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Lucky
Lucky S. is 26 and married with 1 child (2 years-old). She is starting a business venture, planting and harvesting taro for sale. Lucky needs a loan of WST$1000 to purchase weed-killers such as Gramoxome. She plans to use the earnings from her business (estimated to be 500 talas per week) to improve/expand the business.

In 2010, Lucky joined SPBD. This is her 1st loan with SPBD. SPBD's loans are Lucky'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

  • $5,200
    Average annual income
  • 95
    View loans »
    Samoa Loans Fundraising
  • $7,694,275
    Funds lent in using Kiva
  • 2.5
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Lucky to purchase weed-killers such as Gramoxome.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 24, 2010
Listed
Jul 20, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011