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Faalulugaina
Faalulugaina is thirty-four years of age and is married with two children. She owns and operates a business venture, selling fried foods in the local community. She has two years of experience in this business. Faalulugaina needs a loan of WST 1,500 to invest in expanding her business. She plans to use the profit from her business (estimated to be WST 150 or US $63 per week) to improve and expand her business.

Faalulugaina 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 Faalulugaina's 2nd 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
  • $7,268,400
    Funds lent in using Kiva
  • 2.3
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Faalulugaina to invest in expanding her business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 20, 2012
Listed
Jan 21, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 22, 2013