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Luafulu
Luafulu is 41 years old and married with 2 children. She owns and operates a business venture selling daily use products such as shampoo, soap and toothpaste in the local community. She has 4 years of experience in this business.

Luafulu needs a loan of $2,000 WST to purchase additional products to sell. She plans to use the profit from her business (estimated to be 500 talas or US $208 per week) to improve and expand the business.

In 2009, Luafulu 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 Luafulu's 4th 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
  • 32
    View loans »
    Samoa Loans Fundraising
  • $7,481,350
    Funds lent in using Kiva
  • 2.3
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Luafulu to purchase additional products to sell at her store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 24, 2012
Listed
Mar 24, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013