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Sola
Sola is a 18-year-old woman living in the town of Paia. She is married and does not have any chlidren. Sola owns & operates a business venture, raising crops. The main source of income for the business comes from planting & harvesting taro for sale. Sola has been engaged in this business for over 3 years and earns approximately 1200 WST a month from these activities.

In 2012, Sola joined SPBD to gain access to financial services to help improve her living situation and her ability to engage in business activities. Sola is requesting a loan of 1000 WST from SPBD for the first time. This loan will be used to purchase harvesting equipment such as wheelbarrows, shovels, rakes, baskets, and knives. Sola plans to use the additional revenue generated from the business to improve and expand her business.

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
  • 7
    View loans »
    Samoa Loans Fundraising
  • $7,121,475
    Funds lent in using Kiva
  • 2.3
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Sola to purchase harvesting equipment such as wheelbarrows, shovels, rakes, baskets, and knives.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 10, 2012
Listed
Feb 28, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013