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Laumua
"Laumua is a 65 year-old married woman. She has four children. She has a small plantation and grows taro to earn a living. She has been doing this for many years. Laumua has requested a loan to buy more farming supplies, such as fertilizers, picks, rakes, taro crops and a crowbar.
She has been a member of SPBD since 2011. With her profits, Laumua hopes to help her grandchildren with their education fees.
"

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
  • 2.3
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Laumua to buy taro crops, fertilizers, rakes, picks and crowbar.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 28, 2012
Listed
Jul 24, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013