Check out some available loans that are similar to this one!
Loreta
Loreta is a married thirty-three-year-old woman with three children. She runs a small plantation, planting and harvesting bananas for sale. She has many years of experience in this business. Loreta needs a loan of WST $2,000 to invest in expanding the business. She plans to use the profit from her business (estimated to be 150 Talas per week) to continue improving her banana sales.

In 2010, Loreta 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 Loreta '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

  • $6,344
    Average annual income
  • 23
    View loans »
    Samoa Loans Fundraising
  • $7,365,125
    Funds lent in using Kiva
  • 2.3
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Loreta to expand her banana plantation.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 9, 2012
Listed
Feb 18, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013