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Vaituutuu
Vaituutuu is a 38 year old married woman with three children. Vaituutuu sells baked goods in the local community. She has 4 years of experience in this business.

Vaituutuu 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 400 Talas or US $167 per week) to improve/expand her business.

In 2010, Vaituutuu 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 Vaituutuu's second 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
  • 17
    View loans »
    Samoa Loans Fundraising
  • $6,875,350
    Funds lent in using Kiva
  • 2.3
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Vaituutuu 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 22, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012