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Talifaia
Talifaia is 50 years old and is married with six children. She owns and operates a business venture selling ice-cake. She has three years of experience in this business. Talifaia needs a loan of WST 1500 to purchase raw ingredients needed to make products for sale. She plans to use the profit from her business (estimated to be 200 talas or $83 per week) to financially support immediate members of her family.

In 2009, Talifaia 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 Talifaia's third loan with SPBD.



*SPBD evaluates the living conditions of each of its borrowers. Generally, a loan manager evaluates a variety of social metrics on a scale of 3 (the higher the number, the better off the person is), and these are averaged for the "overall social metric score." For example, a 3 out of 3 on "level of education" would mean that the borrower has graduated from a university.

About SPBD
In 2000, Greg Casagrande founded SPBD to improve the quality of life of people living in poverty in the poor island nations of the South Pacific. SPBD's philosophy of lending is based on a respect for each individual's innate human ingenuity, drive and self-esteem. Please join SPBD's lending team on Kiva to receive on-the-spot updates on 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
  • 21
    View loans »
    Samoa Loans Fundraising
  • $7,368,075
    Funds lent in using Kiva
  • 2.3
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Talifaia to purchase raw ingredients needed to make products for sale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 29, 2011
Listed
Oct 17, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012