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Seata
Seata is 47 years old and married with six children. Seata owns and operates a business venture, planting and harvesting taro for sale. She has 3 years of experience in this business. Seata needs a loan of 2000 Samoa tala (WST) to purchase additional seeds, seedlings, and young crops to raise. She plans to use the profit from her business (estimated to be 300 talas or US $125 per week) to improve/expand the business.

In 2009, Seata 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 Seata's 3rd 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
  • 10
    View loans »
    Samoa Loans Fundraising
  • $6,970,875
    Funds lent in using Kiva
  • 2.2
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Seata to purchase additional seeds, seedlings, and young crops to raise.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 12, 2011
Listed
Sep 28, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012