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Elena
Elena is 45 years old. She is married and has six children.

Elena owns and operates a business venture, planting and harvesting taro to sell. She has two years of experience in this business. Elena is requesting a loan of 1,500 WST to purchase land to raise additional crops. She plans to use the profit from her business (estimated to be 512 WST or $213 per week) to improve her family’s general living conditions.

In 2010, Elena joined SPBD in order to gain access to financial services. Most of SPBD's clients are unable to borrow from commercial banks, because they lack collateral. This is Elena'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
  • 9
    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 $625 helped Elena to purchase land to raise additional crops.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 26, 2012
Listed
Jan 27, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 20, 2013