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Clare
Clare is 24 years old and married. She wants to start a small business making and selling ice cakes in her community. To do this, she needs a loan to buy the equipment she needs to start her business. In the future, Clare hopes to expand her business and save more money. She joined SPBD this year 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

  • $6,344
    Average annual income
  • 127
    View loans »
    Samoa Loans Fundraising
  • $7,121,475
    Funds lent in using Kiva
  • 2.3
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Clare to open a business selling ice cakes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 31, 2012
Listed
Aug 29, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013