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Leiasina
Leiasina S. is 40 and married with nine children. She owns a business venture planting and harvesting taro for sale. She has four years of experience in this business. Leiasina is requesting a loan of 2,250 WST to hire more workers (around 20 WST per day). She plans to use the earnings from her business (estimated to be 320 WST per week) to improve and expand her business.

In 2006, Leiasina joined Kiva partner, SPBD. This is her fourth loan with SPBD. SPBD's loans are Leiasina'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. Visit 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
  • 21
    View loans »
    Samoa Loans Fundraising
  • $7,481,350
    Funds lent in using Kiva
  • 2.6
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Leiasina to hire more workers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 22, 2010
Listed
Aug 4, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2011