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Failelei
Failelei is twenty-five years old and single with no children. She wants to start a small business making and selling chips in her community. To do this, she needs a loan to purchase resources to start up her business. In the future, Failelei hopes to extend and improve 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

  • $5,200
    Average annual income
  • 106
    View loans »
    Samoa Loans Fundraising
  • $7,709,500
    Funds lent in using Kiva
  • 2.4
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Failelei to buy resources to start a business including cooking oil, taro, plastic bags, cooking pot and a gas burner.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 24, 2012
Listed
Jun 19, 2012
Currency Exchange Loss:
Possible
Ended:
May 20, 2013