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Tanuvasa
Tanuvasa is 52 years of age and is married, with four children.

Tanuvasa owns and operates a business venture, selling baked goods in the local community. She has two years of experience in this business. Tanuvasa needs a loan of WST 1,500 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 and expand her business.

In 2010, Tanuvasa 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 Tanuvasa'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
  • 141
    View loans »
    Samoa Loans Fundraising
  • $7,268,400
    Funds lent in using Kiva
  • 2.4
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Tanuvasa to purchase raw ingredients needed to make baked goods for sale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 25, 2011
Listed
Dec 13, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 20, 2013