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Tumema
Tumema is 41 years of age and is married with 7 children.

Tumema owns and operates a business venture, planting and harvesting fruits and vegetables for sale. She has 1 year of experience in this business. Tumema needs a loan of 1,000 WST to purchase additional seeds, seedlings and young crops to raise. She plans to use the profit from her business (estimated to be 250 talas or US $104 per week) to improve/expand the business.

In 2011, Tumema 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 Tumema's first 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
  • 8
    View loans »
    Samoa Loans Fundraising
  • $6,875,350
    Funds lent in using Kiva
  • 2.4
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Tumema to purchase additional seeds, seedlings and young crops to raise.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 8, 2011
Listed
Dec 29, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 20, 2013