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Salelologa Tumupapa Centre - Group 3
In this Group: Miranda, Galegale
Miranda T., 25, is married to a laborer and has three children. She is starting a business selling taro. Her husband will do the farming. With her loan, she will purchase a weed killer, pesticides, two bush knives, a filing, and 1,500 taro roots. She will sell her produce one day a week and plans to earn a net weekly cash flow of 120 Tala (~48 USD).



Galegale A., 26, is single with no children. For over two years, she has sold taro, bananas, and yams in the Salelologa market on Fridays. With her loan, she will purchase a weed killer, pesticides, four knives, two filings, and a spade. With this expansion, she expects to earn net cash flow per week of 100 Tala (~ 40 USD).

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.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Samoa

  • $6,344
    Average annual income
  • 92
    View loans »
    Samoa Loans Fundraising
  • $7,153,100
    Funds lent in using Kiva
  • 2.7
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A portion of Salelologa Tumupapa Centre - Group 3's $575 loan helped a member purchase a weed killer, pesticides, 2 bush knives, etc.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 16, 2008
Listed
Apr 28, 2008
Currency Exchange Loss:
Covered
Ended:
Jun 24, 2009