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Moemauu
Moemauu is 37 years of age and married with four children. She owns and operates a business venture, selling general hand-woven products to tourists and local community members. She has two years of experience in this business.

Moemauu needs a loan of 1,500 WST to purchase raw materials to make woven products. She plans to use the profit from her business (estimated to be 250 talas or $104 per week) to improve the business.

In 2010, Moemauu joined SPBD to gain access to financial services. Most of SPBD's clients are unable to borrow from commercial banks because they lack collateral. This is Moemauu 's 2nd loan with 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

  • $5,200
    Average annual income
  • 139
    View loans »
    Samoa Loans Fundraising
  • $7,557,575
    Funds lent in using Kiva
  • 2.4
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Moemauu to purchase raw materials to make woven products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 19, 2011
Listed
Jul 1, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012