Salelologa Sapulu Centre - Group 1
The women will use their loans for the following purposes:
Faimafili M. (44, married, 11 children) to purchase a fishing boat, a fishing net, goggles, and a spear for her fish business.
Iutita S. (28, married) to purchase a sewing machine for her clothing business.
Eseta S. (29, married, 2 children) to purchase a cooler, a box of cups, pesticides, a bag of sugar, and candy for her ice cake (ice cream) business.
Alofa T. M. (30, married, 3 children) to purchase timber, iron roofing, and cement to build her barber shop.
Sialia T. F. (59, married, 4 children) to purchase oil, a gas oven, large pots, and plastic cups for her popcorn and clothing businesses.
Fualole A. (26, married, 1 child) to purchase concentrate, sugar, plastic cups, candy, and a cooler for her ice cake business.
Faoliu M S. (43, single, 2 children) to purchase an oven, flour, sugar, pork, and other items for her pork and bread business.
Panou M. (47, married, 5 children) to purchase sugar, flour, butter, eggs, yeast, and cement and timber to build her bakery which sells donuts, pork cakes and bread.
About SPBDSouth 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.
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Success!! The loan was 100% repaid