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Rasela
Rasela is 19 years old and has one child. She wants to start a small business making and selling pancakes, and German-style buns in her community. To do this, she needs a loan to get all the equipment for her business. In the future, Rasela hopes to earn more to help her family. 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
  • 139
    View loans »
    Samoa Loans Fundraising
  • $7,557,575
    Funds lent in using Kiva
  • 2.3
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Rasela to buy flour, cooking oil, sugar, a new frying pan, and other equipment for her new business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 24, 2012
Listed
Sep 25, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013