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Simoa
Simoa is 37 years of age and married with 5 children.

For the past 2 years, Simoa has owned and operated a business, planting and harvesting a variety of vegetables for sale. She needs a loan of WST 1,000 to purchase additional seeds, seedlings and young crops to raise. Simoa plans to use the profit from her business (estimated to be 400 talas or US $167 per week) to improve/expand the business.

In 2011, Simoa 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 Simoa's 2nd 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
  • 89
    View loans »
    Samoa Loans Fundraising
  • $7,709,500
    Funds lent in using Kiva
  • 2.3
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Simoa to purchase additional seeds, seedlings and young crops to raise.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 9, 2012
Listed
Mar 21, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013