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Seluia
Seluia is 28 years of age and married with one child. She has owned and operated a business selling baked goods in the local community for 1 year. Seluia needs a loan of WST 1,000 to purchase baking powder, sacks of flour and sugar and an oven. She plans to use the profit from her business (estimated to be 450 WST or US $188 per week) to pay for her children's tuition fees.

In 2011, Seluia 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 Seluia's 2nd 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
  • 137
    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 Seluia to purchase baking powder, flour, sugar and an oven.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 23, 2011
Listed
Oct 23, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012