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Faimafili
Faimafili is 25 and married with three children. She owns and operates a business baking and selling a variety of baked goods in the local community. She has two years of experience in this business.

Faimafili needs a loan of 1500 WST to purchase additional ingredients. She plans to use the profit from her sales (an estimated 350 WST per week) to improve and expand her business.

In 2011, Faimafili joined SPBD to gain access to financial services, and this is her second loan with the company. Most of SPBD's clients are unable to borrow from commercial banks because they lack collateral.

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
  • 134
    View loans »
    Samoa Loans Fundraising
  • $7,268,400
    Funds lent in using Kiva
  • 2.3
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Faimafili to purchase ingredients to make baked goods for sale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 5, 2012
Listed
Apr 25, 2012
Currency Exchange Loss:
Possible
Ended:
May 20, 2013