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Miriama
Miriama is 55 years old, married, and has one child. She owns & operates a business selling baked goods in the local community. She has 1 year of experience, and needs a loan of WST $1000 to purchase raw ingredients needed to make her baked goods. She plans to use the profit from her business (estimated to be 220 talas or US $92 per week) to improve the general living conditions of her family.

Miriama 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 Miriama's 1st 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
  • 123
    View loans »
    Samoa Loans Fundraising
  • $7,557,575
    Funds lent in using Kiva
  • 2.3
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Miriama to purchase raw ingredients needed to make products for sale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 5, 2011
Listed
Sep 3, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012