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Lolomi
Lolomi is 36 years old and a single mother with one child. She owns and operates a small store, selling items such as sugar, salt, soap, etc. She has two years of experience with this business. Lolomi needs a loan to buy more items. She hopes to use her profits to help send her children to school. She became a member of SPBD in 2011 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
  • 12
    View loans »
    Samoa Loans Fundraising
  • $7,015,025
    Funds lent in using Kiva
  • 2.3
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Lolomi to buy more items for her consumers' needs and wants.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 4, 2012
Listed
May 12, 2012
Currency Exchange Loss:
Possible
Ended:
May 20, 2013