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Fia
Fia is forty-two years of age and is married with five children. Fia owns and operates a business venture, selling baked goods in the local community. She has three years of experience in this business. Fia 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 350 talas or US $146 per week) to improve/expand the business.

In 2010, Fia 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 Fia'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

  • $5,200
    Average annual income
  • 100
    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 $625 helped Fia to purchase raw ingredients needed to make products for sale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 30, 2011
Listed
Dec 29, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 18, 2012