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Leataosina
Leataosina is forty-four years of age and is married with two children.

Leataosina owns and operates a business venture, selling fried foods in the local community. She has four years of experience in this business. Leataosina needs a loan of WST 2500 to purchase new items to expand her product offering. She plans to use the profit from her business (estimated to be 350 talas or US $146 per week) to further improve/expand the business.

Leataosina 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 Leataosina's fourth 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
  • 16
    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 $1,050 helped Leataosina to purchase new items in order to expand her product offering.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 23, 2011
Listed
Dec 29, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 18, 2012