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Karen
Karen is 19 years old and married with 1 child. She has a plantation where she grows taro and bananas that she can sell in her community or at the market. She has been doing this for 1 year. Karen needs a loan to buy more taro and small bananas to grow. She has been a member of SPBD since 2012. Karen will use the profits from her sales to help the business expand.

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
  • 104
    View loans »
    Samoa Loans Fundraising
  • $7,709,500
    Funds lent in using Kiva
  • 2.3
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Karen buy more taro and small bananas to grow.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 30, 2012
Listed
Sep 25, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013