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Iva B Centre - Group 1
In this Group: Alitasi, Faamaini, Faamao, Faasofia, Imeleta, Mataopuaa, Punefu, Susi, Tuaula
For these 9 women of Iva B on the island of Savaii, these are their first loans from SPBD. They all undertook 4 weeks of training on managing a business, maintaining a savings account and then passed a written test on the SPBD principles: business, savings, weekly meetings, payments and group guarantee. Over the next 52 weeks, they will support each other in their individual business development and to guarantee on-time payments.

Alitasi T. (36, married, 1 child): purchase water cans, fertilizer and a weed killing sprayer to cultivate and sell Chinese cabbage and pumpkin.

Faamaini L. (26, married, 3 children): purchase a weed killing sprayer, chemicals, bush knives, sack of sugar, sack of flour, and taro roots to raise and sell taro and bananas.

Faamao M. (45, married, 10 children): purchase a sewing machine, 2 knives, fertilizer and a weed killing sprayer to both raise and sell taro and create puletasis (dresses) and uniforms.

Faasofia S. (39, married, 6 children): purchase chemicals, fertilizer and a weed killing sprayer to cultivate and sell taro, bananas, and cabbages.

Imeleta A. (59, widowed, 4 children): purchase a wheel barrow, fertilizer, a rake, roll of barbed wire and a knife to grow and sell cabbages, tomatoes and cucumbers.

Mataopuaa T. (43, married, 5 children) purchase a roll of chain link fence, a rake, a pick, cabbages, tomatoes and cucumbers to grow and sell cabbages, tomatoes and flowers.

Punefu S. (42, married, 4 children) purchase a weed killing sprayer, chemicals, a knife, taro roots and a filing (knife sharpener) to grow and sell taro, bananas and yams.

Susi P. (42, married, 6 children) purchase a weed killing sprayer, chemicals and fertilizer to raise and sell taro and yams.

Tuaula L. (49, married, 4 children) purchase hygiene products such as roll-on deodorant and also lavalava (wraparound skirt worn by men) to sell.

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.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Samoa

  • $6,344
    Average annual income
  • 121
    View loans »
    Samoa Loans Fundraising
  • $7,121,475
    Funds lent in using Kiva
  • 2.7
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A portion of Iva B Centre - Group 1's $2,525 loan helped a member purchase of chemicals, fertilizer and a weed killing sprayer, etc..
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 26, 2008
Listed
Apr 7, 2008
Currency Exchange Loss:
Covered
Ended:
Jun 20, 2009