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Valu
Valu is a 49-year-old married woman with nine children. She has a small plantation and grows bananas and taro to earn a living. She has been doing this for one year. Valu has requested a loan to buy new chemicals and other supplies for her business. She has been a member of SPBD since 2012. With her profits, Valu hopes to start a business to help her children and expand her home.

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
  • 14
    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 $950 helped Valu to buy new chemicals and other supplies for her business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 31, 2012
Listed
Jun 18, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013