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Dorothy Luafa
Dorothy Luafa M., a 22-year-old married mother of two children aged one and five years, owns a business planting and harvesting taro for sale. Dorothy Luafa, who has many years of experience in this business, is now requesting a loan of WST$1000 to purchase general farm supplies and equipment. She plans to use the earnings from her business (estimated to be 400 talas or US $167 per week) to financially support immediate members of her family.



In 2010, Rosalia joined SPBD, and this is her first loan with SPBD. SPBD's loans are Dorothy's only access to capital because she has never been 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 lending philosophy 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
  • 9
    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 $400 helped Dorothy Luafa to purchase general farm supplies & equipment.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 6, 2010
Listed
Aug 24, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011