Check out some available loans that are similar to this one!
Laumata
Laumata is 23 years of age. She is married and has no children.

Laumata owns and operates a business venture, selling dried goods in the local community. She has two years of experience in this business. Laumata needs a loan of WST 1,500 to purchase additional utensils such as frying pan, an oven, and storage cotainers. She plans to use the profit from her business (estimated to be 300 talas or US $125 per week) to improve and expand her business.

In 2009, Laumata 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 Laumata'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

  • $6,344
    Average annual income
  • 134
    View loans »
    Samoa Loans Fundraising
  • $7,121,475
    Funds lent in using Kiva
  • 2.4
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Laumata to purchase addititonal utensils such as frying pan, an oven, storage containers.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 23, 2011
Listed
Jan 19, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 22, 2013