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Faaiuga
Faaiuga is 34 years old and married with four children.

Faaiuga owns and operates a business venture planting and harvesting taro for sale. She has four years of experience in this business.

Faaiuga needs a loan of WST 1,500 to purchase harvesting equipment such as knives and wheelbarrow. She plans to use the profit from her business (estimated to be $125 per week) to improve and expand the business.

Faaiuga 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 Faaiuga'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

  • $5,200
    Average annual income
  • 108
    View loans »
    Samoa Loans Fundraising
  • $7,709,500
    Funds lent in using Kiva
  • 2.4
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Faaiuga to purchase harvesting equipment such as knives, wheelbarrow.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 26, 2012
Listed
Feb 1, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 20, 2013