Sili 2 Centre - Group 1
Sili 2 group will be using their loans for the following purposes:
Eseta L. (45, married, 2 children): purchase 2 bush knives, 2 knife filings (sharpeners), spades, workers to cultivate and sell taro, tuamu and bananas.
Lina I. (60, widow, 8 children): purchase a knife, spade, filing, 3 bush knives and other farming equipment to grow and sell taro, tuamu and yams.
P. Komisi (45, widow, 2 children): purchase a bush knife, filing, spade and other farming equipment to cultivate and sell popcorn, taro and yams.
Ruta T. (50, married, 6 children): purchase 2 knives, a pick, a filing, a rake and other farming equipment to grow and sell taro and bananas.
Sau T. (48, married, 4 children): purchase 5 bush knives, a weed killing sprayer and workers to grow and sell taro and yams.
Silifu T. (38, married, 2 children): purchase 3 bush knives, a spade, a filing and other farming equipment to grow and sell taro, bananas, and tuamu.
Sulesa I. (36, married, 1 child) purchase 2 knives, a filing, a wheel barrow, a spade and a weed killing sprayer to cultivate and sell taro and bananas.
Toaiga A. (43, married, 7 children) purchase a bush knife, filing, spade and other farming equipment to grow and sell taro and bananas.
Tofe A. (24, married, 2 children) purchase 2 knives, 2 filings, boots, a weed killing sprayer to cultivate and sell taro and bananas.
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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