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Avasa
Avasa is 20 years old and single. She wants to start a small business making and selling doughnuts, german buns, and pancakes in her community. To do this, she needs a loan to buy everything she needs for her business such as flour, oil, salt, sugar, and equipment. In the future, Avasa hopes to expand her business. She joined SPBD in 2012 to gain access to financial services.

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
  • 21
    View loans »
    Samoa Loans Fundraising
  • $7,481,350
    Funds lent in using Kiva
  • 2.4
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Avasa to purchase ingredients for making snacks.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 10, 2012
Listed
May 21, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013