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Pele
Pele is 47 years of age, married and has 5 children.

Pele owns & operates a business venture planting & harvesting taro for sale. She has had many years of experience in this business. Pele needs a loan of WST $2000 to purchase weed-killers such as Gramoxome. She plans to use the profit from her business (estimated to be 750 talas or US $313 per week) to improve and expand the business.

Pele 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 Pele's 3rd 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
  • 123
    View loans »
    Samoa Loans Fundraising
  • $7,557,575
    Funds lent in using Kiva
  • 2.4
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Pele to purchase weed-killers such as Gramoxome.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 24, 2011
Listed
Dec 13, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 18, 2012