Mosula Satupaitea Centre - Group 2
Asoleaga I. (39, married, 6 children): purchase fishing equipment to catch and sell fish and sea cucumbers.
Atafasia G. (45, married, 8 children): purchase flour, sugar, butter and yeast to bake and sell pork cake (lumps of dough with pork in the center), donuts and snacks.
Liga S. (43, married, 5 children): purchase a weed-killing sprayer, fertilizer, knife, filing (sharpener) and chemicals to harvest and sell cabbages, taro and tomatoes.
Matuu Iuli (37, married, 6 children): purchase a box of noodles, a sack of sugar, a lantern, boots and a fishing spear to sell snacks, donuts and ice cakes (ice cream) and fish.
Nuanona Lautaf (29, married, 2 children): purchase a sewing machine, fabric, pesticides and fertilizer to make T-shirts and to grow vegetables.
Seilagi L. (53, married, 7 children): purchase a weed-killing sprayer, 4 bush knives, pesticides and fertilizer to grow and sell taro.
Sita S. (51, married, 7 children): purchase a box of noodles, candy, sugar, a dozen eggs and pork cakes to make and sell snacks, ice cakes and eggs.
Sivake O. (42, married, 4 children): purchase a fishing net, a weed-killing sprayer and fishing line to both grow taro and to fish.
About SPBDSouth 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.
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Success!! The loan was 100% repaid