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Lupe
Lupe is 39 years of age and married with two children. Lupe owns and operates a business venture, planting and harvesting a variety of vegetables for sale. She has many years of experience in this business. Lupe needs a loan of 2500 WST to purchase additional seeds, seedlings and young crops to raise. She plans to use the profit from her business (estimated to be 650 talas or US $271 per week) to improve/expand the business.

Lupe 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 Lupe's 4th 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

  • $6,344
    Average annual income
  • 105
    View loans »
    Samoa Loans Fundraising
  • $7,481,350
    Funds lent in using Kiva
  • 2.3
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Lupe to purchase additional seeds, seedlings and young crops to raise.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 11, 2011
Listed
Aug 26, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012