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Salelavalu Uta Centre - Group 2
In this Group: Faamelea, Faamisiona, Lotolelei, Ruta, Vaialua
Most of the farms in Salelavalu Uta are planted with taro, bananas, vegetables and fruits. The men do most of the labor on the farm but during harvest time they are joined by the women to harvest the crops and sell them in the neighboring Salelologa market. When the other women in the village learned that a certain group of women already were a part of SPBD's program, they asked for more information and got excited to join.


Faamelea's group is convinced that they have to constantly save some of their earnings on a weekly basis. This is so they will be able to afford things in the future without resorting to borrowing. They are so glad that SPBD not only provides loans but also accepts savings deposits , even as little as one tala (about USD 0.40). As shown in the picture, they are proudly displaying the savings accounts passbooks they have recently acquired with SPBD. The small business loans help them improve their farms and will eventually provide them with higher earnings and of course, higher savings deposits for these hardworking ladies.

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.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Samoa

  • $6,344
    Average annual income
  • 0
    View loans »
    Samoa Loans Fundraising
  • $6,976,550
    Funds lent in using Kiva
  • 2.7
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A portion of Salelavalu Uta Centre - Group 2's $1,400 loan helped a member to purchase farm equipment, agricultural supplies (fertilizers, pesticides, weed killers) and pay for additional farm labor.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 7, 2008
Listed
Mar 21, 2008
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009