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Faatupu
Faatupu is fifty seven years old and is married with five children. Faatupu owns and operates a business venture selling fried foods in the local community. She has five years of experience in this business. Faatupu needs a loan of WST $2,750 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/expand the business.

In 2006, Faatupu 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 Faatupu's 6th 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 $1,150 helped Faatupu to purchase raw ingredients needed to make food products for sale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 16, 2011
Listed
Jan 1, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 20, 2013