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Fuapine
Fuapine F. is 48 and single with six children aged 2 to 6. She owns a business venture, selling daily-use products such as shampoo, soap and toothpaste in the local community. She has two years of experience in this business.

Fuapine needs a loan of WST 1,000 to purchase additional products to sell. She plans to use the earnings from her business (estimated to be 350 talas or approximately US$130 per week) to improve and expand her business.

In 2010, Fuapine joined SPBD and this is her first loan. SPBD's loans are her 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 about SPBD.

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
  • 24
    View loans »
    Samoa Loans Fundraising
  • $6,856,575
    Funds lent in using Kiva
  • 2.6
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Fuapine to purchase additional products to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 15, 2010
Listed
Aug 12, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2011