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Fenumiai
Fenumiai is 65 years old and a widow with 12 children. She owns and operates a small store selling items such as mats, fabrics, jewelry, etc. She has been doing this for five years. Fenumiai needs a loan of $2500 to buy more items for consumer's needs and wants such as jewelry, mats, etc. She hopes to use her profits to improve and expand the business. She became a member of SPBD in 2009 to gain access to capital for her business.

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
  • 14
    View loans »
    Samoa Loans Fundraising
  • $6,970,875
    Funds lent in using Kiva
  • 2.3
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Fenumiai to buy more items to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 27, 2012
Listed
May 7, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013