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Sosoli
Sosoli is a 23-year-old woman living in the town of Salelologa Iuopapa. She is single and does not have any children. To make a living, Sosoli owns and operates a business venture, making and selling food. The main source of income for the business comes primarily from selling fried foods in the local community. Sosoli has been engaged in this business for over 2 years and earns approximately 800 WST a month.

In 2011, Sosoli joined SPBD to gain access to financial services in order to help improve her living situation and her business. Sosoli is requesting a first-time loan from SPBD of 1,000 WST, which she will use to purchase cooking utensils and an oven for her business. Sosoli plans to use the additional revenue generated from the business to make improvements to her house.

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
  • 111
    View loans »
    Samoa Loans Fundraising
  • $7,709,500
    Funds lent in using Kiva
  • 2.4
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Sosoli to purchase cooking utensils and an oven.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 4, 2011
Listed
Nov 28, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 18, 2012