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Leu
Leu is 21 years old and single. She runs a small business selling snacks and ice cakes in her community and has been doing this for one year. Leu has requested a loan to purchase goods and supplies for making ice cakes. She joined SPBD in 2012 to gain access to capital. With her earnings, Leu will plan to improve her canteen from the village and sell in public places.

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
  • 13
    View loans »
    Samoa Loans Fundraising
  • $6,875,350
    Funds lent in using Kiva
  • 2.4
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Leu to purchase supplies for making ice cakes and snacks.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 19, 2012
Listed
May 8, 2012
Currency Exchange Loss:
Possible
Ended:
May 20, 2013