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Sulu
Sulu T. is 57 and married with 7 children. She owns a business venture planting and harvesting taro for sale. Sulu has 2 years of experience in this business. Sulu needs a loan of WST$2000 to purchase weed-killers such as Gramoxome. She plans to use the earnings from her business (estimated to be 600 talas or US $250 per week) to improve/expand the business.

In 2008, Sulu joined SPBD. This is her 3rd loan with SPBD. SPBD's loans are Sulu's only access to capital because she was never able to qualify for a loan with traditional banks.

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
  • 132
    View loans »
    Samoa Loans Fundraising
  • $7,121,475
    Funds lent in using Kiva
  • 2.5
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Sulu to purchase weed-killers such as Gramoxome.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 12, 2010
Listed
Sep 1, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011