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Miki
Miki is 32 years old, married, and has five children. She owns and operates a small business selling fried foods in the local community. She has one year of experience in this business. Miki needs a loan of 1,000 WST to purchase raw ingredients needed to make products for sale. She plans to use the profit from her sales to continue expanding her business.

In 2012, Miki 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 Miki's first 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
  • 2.3
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Miki to purchase ingredients, such as flour and oil.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 24, 2012
Listed
Mar 7, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013